potential dividend trap because the dividends are higher than the earnings!!!.
TOT are using their franking credits to effectively partially pay dividends out of capital. (partially being the difference between sustainable earnings, excluding one offs and the proposed dividend).
The market is not stupid, and is looking through this.
TOT can't do a buy back because cash flow is tight.
Interesting stock, trading at a significant discount to NTA.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $90.91M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 41.5¢ | $11.61K | 27.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 74842 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 35870 | 1 |
View Market Depth
| Last trade - 13.18pm 30/07/2025 (20 minute delay) ? |
| TOT (ASX) Chart |