That dividend is going to be peanuts this HY given the payout ratio is only 20-30% and net profit is going to be very aneamic.
At current SP, the market is factoring in a spod price multiples of what it currently is. You guys really do need to be realistic and put away your biases and do some basic maths to come to this realisation. And for what it's worth, I'm neither long nor short.
Good News & Bad News, page-36945
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Last
$3.29 |
Change
0.020(0.61%) |
Mkt cap ! $9.907B | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.31 | $3.20 | $53.42M | 16.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10017 | $3.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.30 | 142518 | 13 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |