MRM 0.38% $2.66 mma offshore limited

47m in franking credits, 374m shares on issue.1H EBITDA guidance...

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    47m in franking credits, 374m shares on issue.

    1H EBITDA guidance 55-60m.
    Cash at bank as at 30 June 2023 was 106m

    assuming they can pay out half of EBITDA from operating cash flow and existing cash, that's around 8-10c a share.

    that's around 5% div yield for the half year (with many of us buying in the 30-60c range that's a juicy 16-33% div yield on our entries). Given the US and international peers are already returning via buy backs and divs. It seems that MRM's shareholder return strategy will be div focused, I'm expecting it to come in on the higher end!
 
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Last
$2.66
Change
0.010(0.38%)
Mkt cap ! $1.008B
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$2.65 $2.67 $2.65 $1.568M 590.5K

Buyers (Bids)

No. Vol. Price($)
35 302252 $2.65
 

Sellers (Offers)

Price($) Vol. No.
$2.66 171659 30
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Last trade - 11.36am 06/05/2024 (20 minute delay) ?
Last
$2.66
  Change
0.010 ( 0.56 %)
Open High Low Volume
$2.65 $2.66 $2.65 145214
Last updated 11.50am 06/05/2024 ?
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