ethanhunt85, this could be a bit of a worry. You get capital + dividend which totals $1.49 from the share price of $1.61, according to Friday’s price. That will leave shareholders with a share price of 0.12 cents.
If after the ex-date the share price goes further down than the 57 cents paid for the dividend, which normally happens when people dump their shares, the balance of the 12 cent share price could almost be wiped out. There is no franking credit either for back up.
These days after they pay dividends the price of the shares fall more than twice the amount of the dividend, sometimes even much more.
Shareholders could be left with nothing but paper value.
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ethanhunt85, this could be a bit of a worry. You get capital +...
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Last
42.0¢ |
Change
-0.010(2.33%) |
Mkt cap ! $16.40M |
Open | High | Low | Value | Volume |
43.0¢ | 43.0¢ | 41.0¢ | $17.00K | 40.60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2461 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 39602 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2461 | 0.420 |
2 | 4685 | 0.410 |
2 | 25156 | 0.405 |
1 | 2500 | 0.400 |
1 | 39000 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 39602 | 2 |
0.440 | 6818 | 1 |
0.450 | 6729 | 3 |
0.490 | 9043 | 2 |
0.550 | 20000 | 1 |
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