"Not many companies could pay out $1.00 special dividend (I understand partly funded by DRP), 29 cents of ordinary dividends , buy their domestic manufacturing and warehouse facilities for $32.8m and spend over $13m on new plant and equipment and still have net cash of $8m."
Yes, but in the interests of balance, don't forget that they started off with $38m twelve months prior, so...
But your point on the lower AUD potentially having a favourable impact on ARB's presence in the OEM market is well-made, and one which I hadn't given much consideration.
Finally, your reference to a 22% uplift in R&D spending. Can you say where you came across this figure because it has bypassed me?
"Not many companies could pay out $1.00 special dividend (I...
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Last
$47.85 |
Change
0.350(0.74%) |
Mkt cap ! $3.939B | |||
| Open | High | Low | Value | Volume |
| $47.33 | $48.03 | $47.11 | $5.568M | 116.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 506 | $47.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $47.99 | 235 | 1 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ARB (ASX) Chart |