It makes sense they would be reluctant with div when they have better growth options. Maybe this policy is just putting out to the market what their thoughts on dividends are. They would like to pay dividends in line with market expectations and now think they are in a position to do so, but not at the expense of reserves or other growth opportunities. All very sensible since their growth policy has already increased my share price tenfold from 5c past 50c although now back down again.
All the same it is nice to know that rather than overpay for a growth asset like EXU they will return some capital to shareholders.
It makes sense they would be reluctant with div when they have...
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.90 |
Change
0.000(0.00%) |
Mkt cap ! $2.171B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 790 | $2.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 14593 | 1 |
View Market Depth
| Last trade - 09.43am 05/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |
Day chart unavailable