ION 7.69% 1.2¢ iondrive limited

Being a long term shareholder , I'm in favour of a dividend - 'a...

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  1. 2,443 Posts.
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    Being a long term shareholder , I'm in favour of a dividend - 'a bird in the hand' - but also, if SAU ore assets are truly exciting, then lets not make it a 'self funding takeover' for the likes of WGX, whose market cap of $780m gives them plenty of scope to build an exciting exploration portfolio .... cash or shares essentially the same in stocks that have good liquidity. You're not supposed to grow old waiting for your stocks to grow.
    One has to question how exciting SAU's portfolio really is when its market cap = cash ??
    So, unless they hit pay dirt soon, I want a dividend of say 3c per share.
 
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Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $8.502M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $21K 1.75M

Buyers (Bids)

No. Vol. Price($)
1 500000 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 317943 2
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Last trade - 12.35pm 04/10/2024 (20 minute delay) ?
ION (ASX) Chart
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