A company can have free cash flow and pay a dividend even if their NPAT is negative. This typically applies to companies with high levels of depreciation, amortisation or write down downs on new assets/goodwill.
In Veris's case, I'd imagine that their acquisition spree and closure of the OTOC business line has lead to sizeable write downs. This means they probably have/had the cash flow to pay the dividends.
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Last
4.4¢ |
Change
0.003(7.32%) |
Mkt cap ! $22.40M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.4¢ | $785 | 17.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 811487 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 0.041 |
1 | 200000 | 0.040 |
3 | 611946 | 0.038 |
1 | 69512 | 0.037 |
1 | 137500 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 811487 | 3 |
0.050 | 105922 | 2 |
0.054 | 50000 | 1 |
0.055 | 150000 | 1 |
0.062 | 100000 | 1 |
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