They'll probably release the dividend policy at the AGM on 17 November. It's just going to be a payout ratio of profits. As an example, FMG have something like a 60% payout ratio. I would expect PLS to be conservative and maybe a 30% payout ratio to begin with so that the remaining profits can maintain a strong balance sheet and invest in other opportunities.
Ann: September 2022 Quarterly Activities Report, page-93
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Last
$2.82 |
Change
0.075(2.74%) |
Mkt cap ! $8.550B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.85 | $2.80 | $75.42M | 26.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 514284 | $2.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 183759 | 40 |
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| Last trade - 14.16pm 16/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |