@blackeyed
I prefer my 'unsophisticated' view. No dividend so long as we are a growth stock with global ambitions.
Hell, we are spending NZ$270Million on Matarua, and apparently capital expenditure is not occurring fast enough for you? Who knows what other strategic acquisition opportunities the global economic downturn is going to throw up. I'd rather we had an arsenal up our sleeves in that event, instead of dishing out a dividend just because that is what the funds (and 'sophisticated' investors such as yourself) are demanding.
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Last
$6.68 |
Change
-0.020(0.30%) |
Mkt cap ! $4.829B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.71 | $6.61 | $6.477M | 971.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12782 | $6.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.69 | 15324 | 5 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |