I expect dividends to be reduced due to franking credits being exhausted. CAA has large tax losses and so the capital management plan will be weighted towards buy-backs as per announcement from company on 23/6/2023.
If you are wanting Dividends with franking credits then CAA will not deliver this, however it is undervalued in my view and with buybacks I expect decent SP appreciation over the next 5 years. Note PE is ~5-6.
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- Ann: Update - Notification of buy-back - CAA
I expect dividends to be reduced due to franking credits being...
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Last
$9.90 |
Change
0.130(1.33%) |
Mkt cap ! $171.7M |
Open | High | Low | Value | Volume |
$9.65 | $9.90 | $9.65 | $405.0K | 41.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 646 | $9.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.99 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 9.150 |
1 | 1000 | 9.010 |
1 | 3220 | 9.000 |
2 | 6200 | 8.900 |
1 | 1000 | 8.850 |
Price($) | Vol. | No. |
---|---|---|
9.990 | 2000 | 1 |
10.100 | 1400 | 1 |
10.250 | 615 | 1 |
10.280 | 1000 | 1 |
10.300 | 1633 | 1 |
Last trade - 15.59pm 27/09/2024 (20 minute delay) ? |
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CAA (ASX) Chart |