Yes something like 25% of revenue available AFTER tax and exploration expenditure for growth/returns. This was discussed and confirmed at a meeting in Sydney this year.
So potentially circa 25% of revenue available for dividends. From memory something like $70M available for franking credits as well.
Wonder how long they can keep a rein on the share price with this kind of outlook going forward ???
Gruyere Official Opening, page-9
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Last
$1.70 |
Change
0.030(1.80%) |
Mkt cap ! $1.838B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.72 | $1.69 | $3.072M | 1.808M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 102250 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 103753 | 38 |
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| Last trade - 12.45pm 07/06/2024 (20 minute delay) ? |
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Last
$1.70 |
Change
0.030 ( 2.20 %) |
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| Open | High | Low | Volume | ||
| $1.69 | $1.72 | $1.69 | 435420 | ||
| Last updated 13.06pm 07/06/2024 ? | |||||
| GOR (ASX) Chart |