You could also say as a growth company, it is stupid to pay dividends. I know it’s not much, but if they were so focused on the development of their pipeline, they wouldn’t have anywhere near the amount they have in cash at the moment. I get that during covid it would be stupid to pump a lot back into the company, but there is still no action, just saving capital. That is their main objective, PW even mentioned it himself and is the focus point on their presentations for the past few years..
You could also say as a growth company, it is stupid to pay...
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Last
$15.40 |
Change
0.380(2.53%) |
Mkt cap ! $771.5M | |||
| Open | High | Low | Value | Volume |
| $15.00 | $15.52 | $15.00 | $786.2K | 51.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 171 | $15.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.44 | 2894 | 1 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$15.41 |
Change
0.380 ( 2.36 %) |
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| Open | High | Low | Volume | ||
| $15.08 | $15.51 | $15.00 | 5994 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| CUV (ASX) Chart |