my argument is that the money that is allocated to dividends was allocated to a buy back instead, it would be more supportive of the share price.
no investor in nst is buying it for yield i would argue. there are far more lucrative plays if thats what you want.
just letting nst sit on cash and return nothing is a foolish idea. management will get itchy fingers and make some dumb purchase with it.
my argument is that the money that is allocated to dividends was...
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Last
$15.79 |
Change
-0.010(0.06%) |
Mkt cap ! $18.15B | |||
| Open | High | Low | Value | Volume |
| $15.85 | $15.98 | $15.71 | $52.51M | 3.319M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3804 | $15.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.79 | 55788 | 1 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| NST (ASX) Chart |