It would be irresponsible to pay a dividend at this time. Having a strong financial position gives the company more options (ability to fund more pre-clinical work, preparations for our first 2591 Phase 3 trial, and provides potential negotiation leverage)
Assuming we don't get bought out, a dividend would be long way away. They'd sooner do a buy-back but then that would only if there are no better usages for the cash (there's plenty of right now)
It would be irresponsible to pay a dividend at this time. Having...
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Last
$19.70 |
Change
0.520(2.71%) |
Mkt cap ! $2.515B | |||
| Open | High | Low | Value | Volume |
| $19.39 | $19.84 | $19.28 | $5.675M | 288.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1531 | $19.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.81 | 557 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$19.70 |
Change
0.520 ( 2.59 %) |
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| Open | High | Low | Volume | ||
| $19.50 | $19.84 | $19.28 | 87628 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| NEU (ASX) Chart |