It was madness to declare an UNFRANKED DIVIDEND when the company needed money for working capital.
I asked them why they did this and they said it was done to appease shareholders and make them feel that they are getting a return. This is weak management to start with.
I lost faith in them at that stage. Nevertheless I will be wathcing carefully.
not a good look, page-3
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$6.69 |
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Mkt cap ! $879.1M | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.86 | $6.64 | $1.046M | 156.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2961 | $6.68 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.69 | 673 | 1 |
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| VSL (ASX) Chart |