"Still prefer retaining cash on the balance sheet."
Yes, retaining cash on the balance sheet is the best thing, if it is necessary. Unfortunately, if it is necessary then everyone will recognise that and the share price will fall considerably from where it is now!!
If the company has the view that it can comfortably trade at a profit then it should pay dividends as per their designated formula.
Good News & Bad News, page-43575
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Last
$2.86 |
Change
-0.145(4.83%) |
Mkt cap ! $8.597B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.83 | $59.12M | 20.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 108695 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 327044 | 33 |
View Market Depth
| Last trade - 14.28pm 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |