TLC can afford to pay out almost all earnings it required very little capital to run as it got no inventory like other capital intensive business, most of its operations and day to day business can be fund from cash flow
if it retained earning it would be for M&A
Ann: FY22 Results Investor Presentation, page-20
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Last
$4.99 |
Change
-0.090(1.77%) |
Mkt cap ! $11.10B | |||
| Open | High | Low | Value | Volume |
| $5.06 | $5.10 | $4.99 | $19.90M | 3.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 67879 | $4.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.99 | 72634 | 5 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| TLC (ASX) Chart |