Only the insiders know the real reason behind special dividend after selling off Metrics , Richards still Mayne's CEO and major shareholder stands to very nicely if this div payout eventuates together with all other major holders . Only thing supporting this company operating at a massive loss not expected to show a profit until at best 04 are our major shareholders and us ordinary retail shareholders . There's reason to be concerned if we see major holders / institutional selling . Need to average down again for 6th time presently sitting at .70 average .19- . 20 an opportunity to average down but relying too heavily on holder support especially major holders given all we've seen for the past 5-6 years are massive losses investments gone pear shape under previous management now replaced by new management losing no time making big decisions such as selling off our flagship asset in the US a large percentage of proceeds offered as special dividend as incentive it seems to attract new shareholders and hold on to existing ones including our major holders using what money left to buy more products . None of these decisions have impressed market analysts or investors judging by next to no buying support . If offering a generous dividend was offered as a means of attracting shareholders it clearly hasn't worked just looked like a desperate nonsensical attempt to improve market cap .
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Last
$4.85 |
Change
0.150(3.19%) |
Mkt cap ! $412.6M |
Open | High | Low | Value | Volume |
$4.74 | $4.94 | $4.67 | $1.050M | 218.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 89 | $4.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.89 | 794 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 4.800 |
1 | 1200 | 4.750 |
1 | 1200 | 4.700 |
1 | 10000 | 4.670 |
2 | 3180 | 4.660 |
Price($) | Vol. | No. |
---|---|---|
4.950 | 545 | 1 |
4.990 | 200 | 1 |
5.000 | 28515 | 7 |
5.020 | 1091 | 1 |
5.070 | 2000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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