They are paying down debt at the same time they are paying a high dividend... Amazing how the market lets these opportunities slide when you look at all the ones out there who need to borrow to pay a dividend. Still have $25 million of bonds to buy back, so that's another million a year of potential savings.
How do people take a pass on buying this stock? Is it the "shrinking" revenue long-term or the loss due to the write-down? Even if it had no growth you'd take it on the dividend alone.
They are paying down debt at the same time they are paying a...
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $58.29M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.0¢ | $29.35K | 73.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23877 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 13968 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MCP (ASX) Chart |