BWF 3.45% 45.0¢ blackwall limited

Ann: Dividend/Distribution - BWF, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 857 Posts.
    lightbulb Created with Sketch. 147
    The dividend structure of 0.5c cash and 2.0c worth of WOT is "unusual" as you put it.

    The messaging seems to be we don't generate enough cash, so returning capital with franking credits is the best we can do.

    Now they could keep this up for a few years. But then there'd be no more WOT to hand back. It seems unsustainable.

    I can see the valuation appeal. But it's a return of capital - and not a payout of earnings - that bothers me.
 
watchlist Created with Sketch. Add BWF (ASX) to my watchlist
(20min delay)
Last
45.0¢
Change
0.015(3.45%)
Mkt cap ! $75.51M
Open High Low Value Volume
43.0¢ 45.0¢ 43.0¢ $4.227K 9.631K

Buyers (Bids)

No. Vol. Price($)
1 4 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
47.0¢ 15000 1
View Market Depth
Last trade - 15.40pm 18/10/2024 (20 minute delay) ?
BWF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.