Company's trading update expect EBIT (earning before interest) for full year 7m to 8.5m. Assume they touch 8.5m then they already achieved 6.2m as a part of half yearly results so this six month expectations are around roughly 2.3m.
So struggle to see how they will pay higher dividend or any dividend in my opinion unless they use any extra cash they have in the bank to pay more but their announcement says 100% of NPAT only.
All this doesn't consider impact of buy-back (reduction in shares and increase in cost to buy back).
Company's trading update expect EBIT (earning before interest)...
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Last
$1.74 |
Change
0.050(2.97%) |
Mkt cap ! $163.3M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.74 | $1.68 | $28.61K | 16.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1920 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 3763 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| FWD (ASX) Chart |