RED 2.70% 36.0¢ red 5 limited

Problem is that $200M / 2,356,772,740 shares only equals...

  1. 363 Posts.
    lightbulb Created with Sketch. 35
    Problem is that $200M / 2,356,772,740 shares only equals 0.0000848c per share. 0.0000848 / 25c = 0.0034% return.
    Someone who has $100k in RED will get a dividend of $33.92c IF they pay out the entire profit.
    What am I missing here?
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.