can’t say I read that much into the cutting the dividend. They wanted cash, and there’s a couple of good reasons why that could be.
also, although I’ve only held this stock since apr 20, My suspicion is they can post better long term returns, considering their outlook for 22 and the performance of those initiatives. Haven’t felt much need to worry generally
Ann: FY21 Full Year Results Announcement, page-38
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Last
$1.84 |
Change
0.000(0.00%) |
Mkt cap ! $1.033B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.85 | $1.83 | $1.236M | 672.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3291 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 3078 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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$1.83 |
Change
0.000 ( 0.18 %) |
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| Open | High | Low | Volume | ||
| $1.84 | $1.85 | $1.83 | 145668 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| AX1 (ASX) Chart |