The revenue on Airtasker is too small to pay dividends at this stage. Revenue growth which leads to share price growth is how you make money on shares like Airtasker.
Dividends are eventually possible but probably not in the next 10 years as it means management no longer thinks they can grow revenue faster than just giving the cash back to investors.
Don’t worry about dividends just watch revenue/profit growth as your core metric. You’ll be much better off if the share price 2x or 3xs as opposed to getting a 0.5 cent dividend per share each year.
- Forums
- ASX - By Stock
- Airtasker (ASX: ART) — Bullish trend
The revenue on Airtasker is too small to pay dividends at this...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ART (ASX) to my watchlist
|
|||||
Last
28.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.1M |
Open | High | Low | Value | Volume |
27.5¢ | 28.5¢ | 27.0¢ | $40.13K | 144.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29161 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 9999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29161 | 0.280 |
1 | 1100 | 0.275 |
1 | 29427 | 0.270 |
2 | 43660 | 0.265 |
6 | 141394 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 9999 | 1 |
0.290 | 51019 | 4 |
0.295 | 116477 | 3 |
0.300 | 22866 | 4 |
0.310 | 439 | 1 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
ART (ASX) Chart |