my argument is that the money that is allocated to dividends was allocated to a buy back instead, it would be more supportive of the share price.
no investor in nst is buying it for yield i would argue. there are far more lucrative plays if thats what you want.
just letting nst sit on cash and return nothing is a foolish idea. management will get itchy fingers and make some dumb purchase with it.
Ann: Operational Update, page-55
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Last
$16.54 |
Change
-0.010(0.06%) |
Mkt cap ! $19.01B | |||
| Open | High | Low | Value | Volume |
| $16.41 | $16.71 | $16.39 | $62.53M | 3.779M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1004 | $16.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.54 | 11772 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |