That's fair enough. A2 is lucky enough to have excess cash - which isn't necessarily a reflection on its growth plans. But I think they don't want to fix themselves to giving dividends, whereas a buyback is more of a one-off type of capital mgmt strategy. They could do a special dividend I suppose, but a bb does reward long-term holders.
That's fair enough. A2 is lucky enough to have excess cash -...
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Last
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2420 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 37726 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |