While I respect and agree that RMS expansion is a great step forward and that using script is a good cash flow positive way of getting the job done, it would be nice for existing shareholders to get a dividend of 4c per share.
They already halved the dividend in Covid to 1c.
RMS refer to providing superior returns for its stakeholders. Two points:
1. Shareholders are stakeholders
2. <1% return in dividends is not superior returns.
This company has been solid as a rock, but they need to do better. We know the board get remunerated fairly, shareholder should too.
Ann: FY23 Guidance achieved with $42.6M quarterly free cash flow, page-17
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$1.89 |
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