The letter recieved today introducing the DRP stated " .......as well as confirming its maiden dividend as outlined in the company's Prospectus. We know the dividend payout ratio is 65% but the Prospectus also states " Implied forecast dividend yield for CY17 at the Offer Price* 7.65%" . The offer price was $1 so for each dollar invested you would recieve 7.65 cents. Are they saying they will pay the dividend at a 65% pay out ratio and implied yield of 7.65% or are they saying they will just pay out the dividend at 65% of the nett profit. If it is the former then they have met guidance.
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Mkt cap ! $45.39M |
Open | High | Low | Value | Volume |
69.5¢ | 69.5¢ | 69.5¢ | $29.23K | 42.06K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 18750 | 69.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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71.0¢ | 2000 | 1 |
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No. | Vol. | Price($) |
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1 | 18750 | 0.690 |
1 | 10000 | 0.685 |
1 | 6461 | 0.680 |
1 | 10000 | 0.650 |
1 | 14285 | 0.630 |
Price($) | Vol. | No. |
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0.710 | 2000 | 1 |
0.730 | 21500 | 2 |
0.755 | 2540 | 1 |
0.760 | 14074 | 1 |
0.800 | 142526 | 4 |
Last trade - 13.06pm 21/05/2024 (20 minute delay) ? |
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Open | High | Low | Volume | ||
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