Galore777, I feel your pain. Still, I expected only 1cps, because DNA swallowed a whale this time last year and has a huge debt to pay down. So best that they direct FCF to pay down debt. In fact, the DNA report is upfront on its dividend vis business strategy -- DNA is in a growth phase and the lower dividend reflects that. Even so, expect 1cps minimum every 6 months, which is about 4% (although unfranked due to foreign income)at current sp.
I do believe that DNA's board should consider a share buyback if finances allow and if the sp remains low. A buyback won't necessarily raise the sp (it might provide a floor to some extent), but it would be prudent use of FCF due to undervaluation of DNA in the market.
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Galore777, I feel your pain. Still, I expected only 1cps,...
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3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.53M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.2¢ | $1.76K | 55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 13000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 0.033 |
3 | 183291 | 0.032 |
1 | 25000 | 0.031 |
4 | 858353 | 0.030 |
5 | 450740 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 13000 | 1 |
0.035 | 6986 | 1 |
0.037 | 597415 | 1 |
0.039 | 267868 | 4 |
0.040 | 900000 | 1 |
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