Let’s see how Who Dat East goes, then Who Dat South. Success there might shine a better light on the acquisition for those who think they paid a full price.
I can’t think of anything more preposterous than expecting a dividend 4 months after the last cash raise though![]()
If there is any thought of a div from the KAR Growth Story, I would suggest it comes as a replacement for the Bauna Contingent Payments. So this year, they’ll pay the full US78m, but next year it’s US$36m, so they have an extra US$42m up their sleeve they could use for a payout, then CY2026 is the final US$15m, so the div could be US$63m then US$78m thereafter… all just as a starting point and dependent on each year’s particular financial results of course. Just a suggestion if their hand is forced by the new activist interest, but personally, I give a monkey’s about a div, it goes straight out the SP on ex-div day anyway.
I’ve always enjoyed the risk factor with KAR. Retiree investors after divs can always buy a bank stock and hope they get to their zimmerframe in time before the next financial crash.![]()
- Forums
- ASX - By Stock
- KAR
- Capital Allocation & Who Dat Returns
Capital Allocation & Who Dat Returns, page-33
-
- There are more pages in this discussion • 19 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 KAR (ASX) to my watchlist
|
|||||
Last
$1.64 |
Change
-0.015(0.91%) |
Mkt cap ! $1.314B |
Open | High | Low | Value | Volume |
$1.65 | $1.66 | $1.62 | $3.269M | 1.994M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 86889 | $1.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.64 | 49773 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 52757 | 1.635 |
19 | 109622 | 1.630 |
23 | 130101 | 1.625 |
25 | 183891 | 1.620 |
12 | 55034 | 1.615 |
Price($) | Vol. | No. |
---|---|---|
1.640 | 60187 | 27 |
1.645 | 50708 | 14 |
1.650 | 180668 | 17 |
1.655 | 102964 | 14 |
1.660 | 361912 | 6 |
Last trade - 12.07pm 20/06/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online