They have stated that the divvies will be 2c next year, 3c the year after and 5-6c the 3rd year out. They paid out 750mill on the 2023 divvies so they needed to retain cash which is probably why they offered us scrip instead of cash, keep their shareholders under control.
LRS General Discussion, page-18969
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Last
23.0¢ |
Change
0.005(2.22%) |
Mkt cap ! $644.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 21.8¢ | $4.393M | 19.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 500000 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 2656512 | 36 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |