Yeah . think it was wasteful futile effort to put a floor under Mayne shares after AGM abysmal trading performance and inevitable company downgrade . If we have major / institutional selling after the dividend cash splurge , the crap company gave us about Metrics sale being a " key driver " of Mayne's transformation strategy and unlock "significant value for shareholders " . Richards still CEO when this "unlocking of significant value to shareholders " was concocted . Outgoing CEO is a major shareholder in Mayne still holds many millions of undeserved shares . This Special dividend is one hell of a Golden handshake for Richards . Fail to see how retail holders benefit when share value decimated ex dividend .
Ann: AGM presentation and business and trading update, page-73
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$5.25 |
Change
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Mkt cap ! $446.6M | |||
| Open | High | Low | Value | Volume |
| $5.16 | $5.27 | $5.05 | $1.936M | 373.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1150 | $5.18 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.27 | 4150 | 2 |
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