There is no specific time frame provided. No information formally that I in own of but I believe the CEO was asked this recently and said its stilla growth company so dividends are not on the table. They have repeatedly said they could buy a canning facility but this is not confirmed. In my opinion, completely unofficial, they will buy a canning facility or something similar which is why they are increasing their cash without a dividend. There has been mention of a canning facility jointly owned between them and Fonterra. It would be silly not to pay a nominal dividend if they didn't have plans on what they would need the money for. There is an investor strategy day planned for the second half of this year.. the answer could come then.
Media Updates, page-1998
-
- There are more pages in this discussion • 12,702 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 A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.59 |
Change
-0.060(1.06%) |
Mkt cap ! $4.041B | |||
| Open | High | Low | Value | Volume |
| $5.67 | $5.68 | $5.58 | $14.79M | 2.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38098 | $5.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.62 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |