I like the integrity and competence of the management. The...

  1. 1,318 Posts.
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    I like the integrity and competence of the management. The problem with this company seems to be that if they are frugal with dividends and funnel excess cash into growth, it doesn't help the valuation since equity is less than half the market capitalisation. So, the share is being priced on dividend yield rather than earnings. If it were based on equity it probably will need to fall to half the current level. In other words, if reinvested earnings only raise equity it doesn;t benefit the shareholders proportionately.
 
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(20min delay)
Last
94.0¢
Change
0.000(0.00%)
Mkt cap ! $117.5M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 1356 94.0¢
 

Sellers (Offers)

Price($) Vol. No.
96.5¢ 20000 1
View Market Depth
Last trade - 09.59am 29/07/2025 (20 minute delay) ?
FSA (ASX) Chart
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