Chewy,
Yeah, at this stage divi's are nonsense money. A company that has boomed like this needs at least another 6 months of cash build up before it even thinks about divi's.
Can't pay a divi from a maiden HY EPS of 0.8 cents. May be able to consider it from a FY of 6 plus cps, however sensible money would prefer first to see a stronger balance sheet, and a kitty for some operated ventures. I would THEN like to see some divi's, but NOW it is putting the cart before the horse.
You"ll always get the dumb when it comes to money, whatever the moniker,
EL
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $205.7M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $35.42K | 310.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 785843 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 293383 | 7 |
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| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| CVN (ASX) Chart |