Bumping the dividend to 7 cents per share, and purchasing 1/2 million shares at an average price of $15 would drain the cash reserves by $11 million during September. That's about the same amount they'd increase the cash balance by in Q1 2025.
So they report over $200 million Thursday and remain above that level after a busy September, increasing the divy by 40% and driving the share price up AT LEAST 10% from current levels.
Other boards are whipping up all sorts of issues. Confidence is high.
Bumping the dividend to 7 cents per share, and purchasing 1/2...
Add CUV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.18 |
Change
0.190(1.36%) |
Mkt cap ! $712.3M | |||
| Open | High | Low | Value | Volume |
| $14.00 | $14.30 | $13.95 | $416.0K | 29.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 61 | $14.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.19 | 156 | 3 |
View Market Depth
| Last trade - 14.34pm 04/10/2024 (20 minute delay) ? |
| CUV (ASX) Chart |