I find it bemusing that ALK has reported a net profit in the last 7 years, reported a net profit for the half of about 4c/share, has accumulated cash (& "equivalents") of about 14c/ share, yet pays no dividend!
Even a 2c/share dividend will barely dent their accumulated $86mm cash.
I don't understand the reluctance to return some earnings back to their shareholders.
mutineer
Ann: Alkane Delivers Profit After Tax of A$24.7 Million, page-2
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $301.7M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 49.8¢ | $110.4K | 219.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 149574 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 14464 | 6 |
View Market Depth
| Last trade - 11.44am 14/06/2024 (20 minute delay) ? |
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Last
50.5¢ |
Change
-0.015 ( 1.39 %) |
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| Open | High | Low | Volume | ||
| 50.0¢ | 51.5¢ | 50.0¢ | 89641 | ||
| Last updated 12.06pm 14/06/2024 ? | |||||
| ALK (ASX) Chart |