If I am right you see either the same dividend or a cut to use that capital to expand, this is a growth business and yield extremely high return on capital, there is no reason for them to pay out dividend where they can use this cash more efficiently.
the job of the board is deploy capital where it yield best return and paying out dividend is not the best use of capital when you can get higher return reinvesting in the business
if they have surplus capital after expansion then sure dividend is a good move
Macquarie Price Downgrade, page-26
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LOV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$36.09 |
Change
0.950(2.70%) |
Mkt cap ! $3.959B | |||
| Open | High | Low | Value | Volume |
| $35.73 | $36.23 | $35.66 | $4.795M | 135.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80 | $36.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.19 | 696 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LOV (ASX) Chart |