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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20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $160.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $69.57K | 345.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 380648 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 117690 | 2 |
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| TER (ASX) Chart |