Im not so sure paying dividends out of cash balances while losses and debt is abundant is necessarily a smart thing. I recall prior case examples around this... milking cash while abundant is great if things pickup - if it doesnt.... depends what side of the risk mgt coin your on. I for one if we end up being part of ter would hope they'd use cash for profitable initiatives than paying a dividend for the sake of having one for holders. 1c divvy yet share price is down in greater magntitudes - doesn't make one feel better. Opposite of being cash poor asset rich.
Im not so sure paying dividends out of cash balances while...
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19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $152.1M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $428.9K | 2.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 836101 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 169572 | 2 |
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| TER (ASX) Chart |