How do existing shareholders anticipate this will play out? they will get $0.008 per share on the payout date and all things being equal the share price would fall from its current level of $0.014 per share by the same amount? That is, the new share price would be $0.006? what would be the companies value post payout of the $0.008?
Ann: OTTO PROVIDES UPDATE ON TIMETABLE FOR RETURN OF CAPITAL, page-8
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $20.78K | 1.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 10510272 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 10287673 | 14 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| OEL (ASX) Chart |