Why would they implement a dividend reinvestment plan when they're struggling to find a use for all the extra cash?
Also, what's the point of buying back shares when they're already thinly traded?
IMO, they should stick to their knitting. Reinvest in organic growth (no pun intended), return excess funds via special dividends. Price per share increase will follow, as it has with other small but profitable companies which have done the same.
Why would they implement a dividend reinvestment plan when...
-
- There are more pages in this discussion • 212 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ATP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $57.03M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $38.70K | 298.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21334 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 122414 | 4 |
View Market Depth
| Last trade - 15.34pm 18/10/2024 (20 minute delay) ? |
| ATP (ASX) Chart |