Yep - that’s the right thing to do re dividend. Sometimes I think that analysts preparing these reports forget to sense check them at the end (and have no real understanding of how a business works).
A dividend in FY24 isn’t likely as all the funds will be used to pay down debt. MMI also have a stack of losses to use before they will be paying tax so there would be no franking and another reason to avoid a dividend.
I’d love to see a buy back etc if the share price is still undervalued with any spare cash even if it’s just buying back the warrants from Nabari.
Yep - that’s the right thing to do re dividend. Sometimes I...
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $244.3M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.2¢ | $229.8K | 5.365M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2039977 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 2128996 | 6 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
4.3¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 4.3¢ | 4.3¢ | 4.3¢ | 4038613 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| MMI (ASX) Chart |