I have recently read about DVP being more than 2 years old, but yet there is no dividend.
This perplexes me a little. Where does this expectation come from?
My expectations are that management would have the capacity to utilise any spare capital and create greater wealth for me, than I could.
They have also inherited some capital losses to utilise before input tax credits can be utilised for a franked dividend. So my guess would be that it is a while off even if we do start producing in the next 12-18 months.
Correct me if I'm wrong, what is others thoughts???
I have recently read about DVP being more than 2 years old, but...
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Last
$2.40 |
Change
0.000(0.00%) |
Mkt cap ! $631.3M | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.42 | $2.32 | $1.006M | 423.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 500 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| DVP (ASX) Chart |