There's no point in being a "cash machine" if all the cash stays in the machine.
The ongoing refusal to pay a dividend and the pathetic share buyback tells the market that Stokes / Warburton will continue to act as they always have - keeping all the cash for personal remuneration and (poor) empire-building acquisitions.
Annual EPS of over 14cps should equate to a minimum 7cps dividend and on a PE of 10, a SP of 70c. But earnings are meaningless when they don't translate to shareholder returns.
- Forums
- ASX - By Stock
- SWM
- Ann: Appendix 4D & Half Year Financial Report
Ann: Appendix 4D & Half Year Financial Report, page-22
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SWM (ASX) to my watchlist
|
|||||
Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $269.3M |
Open | High | Low | Value | Volume |
17.0¢ | 18.0¢ | 17.0¢ | $284.5K | 1.635M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 212612 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 597139 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 212612 | 0.170 |
7 | 535269 | 0.165 |
10 | 654020 | 0.160 |
5 | 593000 | 0.155 |
6 | 272040 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 597139 | 4 |
0.180 | 944062 | 19 |
0.185 | 395332 | 9 |
0.190 | 554189 | 12 |
0.195 | 130306 | 6 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
Featured News
SWM (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online