Now they've bedded down some deals and JVs I think this year will be different.
Jbaker: I wasn't trying to explain what a buy back is - was merely making a point that companies that buy back their own stock tend to outperform (at least according to the FN arena boys). And then I got side tracked by saying if holders don't get divvies and what not, then we don't make any money without selling our stocks.
I think with the forecast profit. A 10% payout of 0.5c is quite manageable. Remember Telstra were paying out 107% of profits recently.
Future Capital Allocations, page-20
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $48.09M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $43.60K | 365.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 68636 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 79333 | 1 |
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| Last trade - 14.58pm 30/09/2024 (20 minute delay) ? |
| VMT (ASX) Chart |