I find it bemusing that ALK has reported a net profit in the last 7 years, reported a net profit for the half of about 4c/share, has accumulated cash (& "equivalents") of about 14c/ share, yet pays no dividend!
Even a 2c/share dividend will barely dent their accumulated $86mm cash.
I don't understand the reluctance to return some earnings back to their shareholders.
mutineer
Ann: Alkane Delivers Profit After Tax of A$24.7 Million, page-2
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Last
58.5¢ |
Change
-0.040(6.40%) |
Mkt cap ! $353.0M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 58.5¢ | $611.9K | 1.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 104651 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 60491 | 3 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
59.0¢ |
Change
-0.040 ( 5.02 %) |
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| Open | High | Low | Volume | ||
| 59.5¢ | 60.0¢ | 58.5¢ | 153309 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| ALK (ASX) Chart |