I take your point that its in shareholders interest to let the company reinvest excess capital while it can achieve a market-beating return on investment. I was wondering if the Company had indicated the circumstances or hurdles that would lead it to increase distributions. A criterion around expected return on investment falling below some threshold level would seem reasonable but no such thing has been stated to my knowledge.
Ann: Q1 FY24 Operational Update, page-16
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Last
$35.18 |
Change
-0.700(1.95%) |
Mkt cap ! $66.81B | |||
| Open | High | Low | Value | Volume |
| $35.77 | $35.89 | $35.18 | $80.48M | 2.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28561 | $35.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.21 | 721 | 1 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| GMG (ASX) Chart |