MLX 2.27% 43.0¢ metals x limited

Ann: Update - Notification of buy-back - MLX, page-23

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  1. 584 Posts.
    lightbulb Created with Sketch. 14
    WB once this Buyback done I reckon a Dividend should be seriously looked at. For example if you hold 100k of shares, the money used for the buyback would get you a unfranked divi of ~$3,500. Then you compare that to a 3c jump in the share price, 4 cents+ BB is better and so forth.

    Just don't know if div's can be paid while they have tax losses? Its so rare so excuse my ignorance.
    IT

 
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