Definitely taking the piss on the divvy.
unfranked divvies are crap. He would've been much better putting together a bigger buy-back. That way it delivers value to shareholders without the tax impact of divvies.
and even better, if he finds an M&A opportunity, he can stop a BB at any point and re allocate the cash. Gives him the flexibility he likes
very disappointing.
Definitely taking the piss on the divvy.unfranked divvies are...
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 (20min delay)
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Last
$2.34 |
Change
-0.020(0.85%) |
Mkt cap ! $3.261B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.41 | $2.34 | $1.966M | 828.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 67191 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 117774 | 57 |
View Market Depth
| Last trade - 11.30am 10/09/2024 (20 minute delay) ? |
| PRU (ASX) Chart |