You are all forgetting.
There is no obligation to dividend all of the 2nd tranche or final tranche.
There is no commitment to a % of received cash to shareholders in this announcement.
They are (or were) explorers who can and should retain a decent % for future exploration.
They demonstrated they would hang onto AUD$10m from the first tranche.
Let the dust settle and in a year you will know what they really did once the Annual Report FY2025 is printed - that's where they will hide the details...
You are all forgetting.There is no obligation to dividend all of...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $66.76M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $10.5K | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2131066 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 3566436 | 18 |
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| Last trade - 13.38pm 08/11/2024 (20 minute delay) ? |
| IDA (ASX) Chart |