I guessed by next FY, the management will be recaliberating the capital management strategy in regards to divi or share buy back scheme.
By then the capital spend required to finish off the remaining projects will be reduced substantially , assuming the lithium price hold up at current level, the piggy bank will be busting at the seams.
The payout ratio from net cash flow will probably increase to 50% (from current 20 to 30%) and some sort of shares buy back scheme implemented.
It will be a mature business and no longer requires big chunk of lazy money sitting in the bank.
I guessed by next FY, the management will be recaliberating the...
-
- There are more pages in this discussion • 12,044 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.89 |
Change
0.000(0.00%) |
Mkt cap ! $8.699B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.93 | $2.86 | $63.54M | 21.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2073 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 215474 | 12 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |