6 mill of the cash burn is due to dividends. They have 58 mill left. I guess the can sustain the dividend for some time yet and continue to grow the loan book at 20% My concern is the cash burn doesn't stabilize and the dividend is axed. The market doesn't seem to take the performance as good enough to stem the outflow of cash at hand I'm trying to see why that's so. Only thing I can assume is the loan book isn't big enough yet to contribute more than the outflows for loans plus the dividend.
Your thoughts please Fike.
6 mill of the cash burn is due to dividends. They have 58 mill...
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $131.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $31.01K | 143.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 244260 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 1020311 | 12 |
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| Last trade - 15.54pm 23/08/2024 (20 minute delay) ? |
| CCV (ASX) Chart |