GEM have stated they are paying 65% cash of NPAT out as a dividend.
SPP and funds raised go to new acquisitions.
Dividends are paid from net profits.
In theory the SPP is helping to sustain the divdend but we have had this argument before, every company with 1 cent or more of debt is effectively paying dividends with borrowings if this was the case.
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Last
$1.16 |
Change
-0.015(1.28%) |
Mkt cap ! $891.1M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.16 | $680.7K | 588.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 188454 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 20488 | 2 |
View Market Depth
| Last trade - 16.11pm 23/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |