It's a good point.
I guess that unless they miraculously get it into a position where it can actually issue new equity, this is only ever going to be an ongoing cash-cow for them (~$9m p.a. net fees at the moment). So they might feel they better off using the "Brand Name" for products/funds with more chance of growth.
Ann: Appendix 4E and FY24 Annual Report 5cps Final Dividend, page-4
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Last
$1.73 |
Change
0.035(2.07%) |
Mkt cap ! $429.5M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.73 | $1.67 | $1.032M | 607.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31081 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 20989 | 1 |
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