@ForeverNewbie, I agree with what you say, but a company having money in the bank and it being any benefit to shareholders, without a plan to pay a div or special div, is two different things.
grange, grr had half a billion in cash at one point and i think they dropped their div from 10c, to 2c.. And the share price fell big time.
management need to be clear on the plan for the future here.
LEL - The Sleeping Giant, page-1203
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Last
32.3¢ |
Change
0.013(4.03%) |
Mkt cap ! $36.12M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.3¢ | $8.605K | 26.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27936 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 38543 | 2 |
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| Last trade - 14.15pm 03/10/2024 (20 minute delay) ? |
| LEL (ASX) Chart |