. Any business ASX listed or not, should not be spending capital when they first make a profit. You can turn 60 million into 1 billion if there is a large commodes correction. This coal price will be short lived and they have a low mine life so they should conserve cash to diversify.
Its short sighted, irresponsible and based on greed.
Ann: Dividend Declaration, page-34
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $180.2M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $371.9K | 1.656M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 497880 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 106892 | 4 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| TER (ASX) Chart |