The financials are excellent and good growth potential gong forward, but I was surprised, in fact a bit shocked, the dividend was declared at the same rate of 2c as previously despite the significant revenue and profit growth. I really thought that was stingy. 2.5c would have been better, not just because its a bit more but more importantly it sends the message to shareholders that profit growth comes with divvy growth. The market is perplexed I think, the company has sent a confusing signal, now we don't know what future growth will mean for us. Accordingly, unsurprisingly, the market just voted with its wallet today. Down 20c to 1.55. Very unfortunate state of affairs. I thought management has a bit more "market saviness" instead of that confusing signal. Now we all pay with a sharply declined share price.
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Last
87.5¢ |
Change
-0.020(2.23%) |
Mkt cap ! $64.42M |
Open | High | Low | Value | Volume |
89.5¢ | 89.5¢ | 87.5¢ | $20.76K | 23.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50687 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 39500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 687 | 0.870 |
1 | 10457 | 0.865 |
2 | 11000 | 0.850 |
2 | 13750 | 0.800 |
2 | 10650 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 39500 | 3 |
0.905 | 3677 | 1 |
0.920 | 5000 | 1 |
0.940 | 30000 | 1 |
0.970 | 2000 | 1 |
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