Divvie could be quite significant. Buyback been proved only good for pumping cash into instos pockets and traders who are new to the stock who then sell out anyway leaving nothing for long term retail holders.
The stock is still in a spot where one wrong thing (like the synalit bs) could trigger a fall from a buyback gain, a loss of 50% + from the pump high which the sp still hasnt recovered from. If management had shown they are more willing to crush negative sentiment then sure but they dont bother, reporting nothing to build confidence, no plans for cash nothing so makes vulnerable to bs sentiment. At least retail would get something from a divvie and gives incentive to actually hold the stock aswell.
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Last
$6.85 |
Change
0.000(0.00%) |
Mkt cap ! $4.952B |
Open | High | Low | Value | Volume |
$6.88 | $6.90 | $6.78 | $7.886M | 1.152M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9718 | $6.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.85 | 6515 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4129 | 6.830 |
3 | 7924 | 6.810 |
2 | 14641 | 6.800 |
3 | 12170 | 6.790 |
1 | 6370 | 6.780 |
Price($) | Vol. | No. |
---|---|---|
6.850 | 6515 | 3 |
6.860 | 8336 | 6 |
6.870 | 17258 | 4 |
6.880 | 7408 | 1 |
6.890 | 7000 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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A2M (ASX) Chart |