Am I missing something - EPS of 10.6c and Dividends paid out for FY24 of 13c
Perhaps some of that is because of impairment of ~14m (non cash), but still they have net debt, so the dividend does seem generous relative to earnings (perhaps it would have been too much of an adjustment post the earnings/dividends from the last 2 years).
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| AX1 (ASX) Chart |