From both a risk and shareholder return perspective, I just don't see the value in paying this dividend. I would have rather they spent it on acquisitions or exploration at the low end of the cycle. I missed some of the presentation due to other commitments, but did I hear right that they were going to start selling down the greenbushes stockpiles from next month?
Ann: 1H24 Results Presentation, page-9
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Last
$5.72 |
Change
-0.130(2.22%) |
Mkt cap ! $4.331B | |||
| Open | High | Low | Value | Volume |
| $5.85 | $5.91 | $5.70 | $24.52M | 4.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8696 | $5.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.77 | 2500 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |