Almost certainly unsustainable - a 20 cent dividend would be their entire profit for the year (or close to it.) So they'll cut it again (as they did last year) and the share price will plunge again (as it did after the last cut.) Which of course is one of the reasons why the insto's have been selling with both hands the last few months.
And high dividends are usually a sign that the dividend is at risk - something that noobs rarely seem to understand.
Almost certainly unsustainable - a 20 cent dividend would be...
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Last
$1.17 |
Change
0.010(0.86%) |
Mkt cap ! $902.7M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.17 | $1.15 | $4.420M | 3.783M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 149521 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 100276 | 6 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |