Just a quick look at how it might affect dividend payout. If they keep the same payout ratio as last year I would expect to see something close to 11c per half year ie 22c FY. I am happy to see them jettison volume in favor of margin and good credit. In times like this you do not join the melee and fight over low margin and low credit business. Sensible announcement IMO.
Ann: Trading update and guidance for FY24, page-3
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Last
$3.82 |
Change
0.010(0.26%) |
Mkt cap ! $423.6M | |||
| Open | High | Low | Value | Volume |
| $3.82 | $3.83 | $3.81 | $68.42K | 17.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1099 | $3.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.83 | 716 | 3 |
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| Last trade - 12.00pm 11/07/2024 (20 minute delay) ? |
| MYS (ASX) Chart |