With such a tight register, this Company could well start returning franked dividends by end 2024.
A few large offtake agreements provides the Company with collateral moving forward.
So not only will current holders enjoy a steady rise in the SP but will also receive a nice pay cheque every year from profits.
With only 117 million shares total between ASX and Jse, the dividends could be very nice indeed.
My opinion only
Ann: Quarterly Activities Report, page-44
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Last
69.5¢ |
Change
-0.020(2.80%) |
Mkt cap ! $21.07M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 72.5¢ | 67.8¢ | $70.68K | 100.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15263 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 4608 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| RLT (ASX) Chart |