I am not unhappy about CVN holding onto cash instead of paying dividends. It does not seem sensible to me to be paying dividends then having to obtain funds at bank loan interest rates or capital raising at discounts and dilution of share holding.
If people think that in the long term they can make better use of dividends than CVN then they should sell their entire holdings. Either you trust the CVN story to profitability and share growth in excess what you can earn in the bank (or elsewhere) or take your money to that other place. For now I am trusting CVN to deliver in the long term.
- Forums
- ASX - By Stock
- blinkers off
I am not unhappy about CVN holding onto cash instead of paying...
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
|
|||||
Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 15.8¢ | $190.8K | 1.184M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 270750 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 38484 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 170750 | 0.155 |
16 | 611711 | 0.150 |
17 | 417455 | 0.145 |
4 | 387714 | 0.140 |
5 | 462006 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 38484 | 1 |
0.165 | 30500 | 2 |
0.170 | 1651292 | 14 |
0.175 | 1724093 | 18 |
0.180 | 1305701 | 13 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online