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0.51%

98.0¢ solvar limited

They don't need the cash, that's the point.

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Tarvold

19,574 Posts.

1211

21/04/24

16:05

Post #: 73445089
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Originally posted by tamz: ↑

They are between a rock and a hard place at the moment.

if they need more cash :-

they can borrow - interest rates very high
they can capital raise - crazy at these levels and will really dilute and sink the price

so retaining cash via Div reinvestment is probably better esp if they see the price going up before the next reporting period.

of course they could cut the Div significantly but that would likely see the price crash as well.

if they get NZ performing better and guidance for fy25 shows an improvement, the share price recovery will make Div reinvestment less of an issue.

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They don't need the cash, that's the point.

SVR Price at posting: 99.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 98.0¢		Change -0.005(0.51%)		Mkt cap ! $206.9M

Open	High	Low	Value	Volume
$1.00	$1.01	98.0¢	$594.6K	597.3K

Buyers (Bids)

No.	Vol.	Price($)
2	26941	98.0¢

Sellers (Offers)

Price($)	Vol.	No.
$1.01	200	1

View Market Depth

No.	Vol.	Price($)
2	26941	0.980
1	1082	0.975
1	1030	0.970
1	5	0.960
1	10000	0.955

Price($)	Vol.	No.
1.005	200	1
1.010	52132	5
1.015	500	1
1.020	62979	2
1.025	47400	2

Last trade - 16.10pm 06/06/2024 (20 minute delay)


Last $1.01			Change -0.005 ( 0.35 %)
Open	High		Low	Volume
$1.00	$1.01		98.3¢	50174
Last updated 15.59pm 06/06/2024 ?

SVR (ASX) Chart