It's a good point.
I guess that unless they miraculously get it into a position where it can actually issue new equity, this is only ever going to be an ongoing cash-cow for them (~$9m p.a. net fees at the moment). So they might feel they better off using the "Brand Name" for products/funds with more chance of growth.
Ann: Appendix 4E and FY24 Annual Report 5cps Final Dividend, page-4
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.71 |
Change
0.020(1.18%) |
Mkt cap ! $428.3M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.73 | $1.67 | $997.2K | 587.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50947 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 73 | 1 |
View Market Depth
| Last trade - 15.32pm 16/06/2025 (20 minute delay) ? |
| VG1 (ASX) Chart |