VIT 0.00% 12.5¢ vitura health limited

oh wowif they pay out 1c per share (as franked dividends) for...

  1. 755 Posts.
    lightbulb Created with Sketch. 186
    oh wow

    if they pay out 1c per share (as franked dividends) for their 556m shares on issue, that's $5m in dividends and another $1.5m in company tax.

    that's going to seriously dent their cash in hand.

    you have to wonder if Matua is trying to kill the company and regain control of the stock?

    unfortunately uncertainty is the enemy of investment so I think this could be a mea culpa

    imho DYOR GLTA
 
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