"Won't this stunt growth? It's like they're saying, we're making enough surplus cash but we don't know how to expand so we'll just give it to shareholders."
The point about the dividend is to start releasing the franking credits to shareholders, no point having these tax credits sit idle.
Ann: Dividend/Distribution - RFT, page-29
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.673M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $115.6K | 16.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 6010221 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 345000 | 1 |
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| Last trade - 15.06pm 19/07/2024 (20 minute delay) ? |
| RFT (ASX) Chart |