Another excellent result. I'll take this boring ongoing execution over the "excitement" of some of the less well managed businesses out there.
As for a dividend, I continue to think a dividend is a poor long term move at this time. Reinvest earnings in growth as long as growth numbers stay high, pay dividends when organic growth peters out.
Even a 1c dividend will suck up over $4m, money that could add more users or be spent in developing the platform.
Another Exceptional Quarter?, page-32
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $83.41M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.5¢ | $234 | 1.264K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37596 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 59948 | 1 |
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| Last trade - 10.02am 02/09/2024 (20 minute delay) ? |
| FLN (ASX) Chart |