I would hope that in the absence of guidance that the expected dividend wouldnt be paid, we can expect a distribution.
If a company is not going to spend cash in a hurry, that capital is better off in the hands of investors. Id rather participate in a rights issue or SPP at the right time vs having SXE hold a large cash balance "just in case".
Material upside potential, page-15
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Last
$1.73 |
Change
0.015(0.87%) |
Mkt cap ! $448.7M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.74 | $1.70 | $532.8K | 310.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1801 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 3072 | 9 |
View Market Depth
| Last trade - 13.08pm 15/07/2024 (20 minute delay) ? |
| SXE (ASX) Chart |