The news I take out of this is the company is comfortable with its cash/debt position allowing it to increase the dividend.
The question on my mind was always would they have enough cash from the cap raisings and the SPP after it fell below $4.60 to finance their latest acquisitions.
From this news it appears they do.
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Last
$1.17 |
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0.010(0.87%) |
Mkt cap ! $898.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 34 | 68580 | $1.16 |
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|---|---|---|
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| GEM (ASX) Chart |