I agree, I don't think he meant "never". If you make $20m in profit and you distribute 10% as a dividend it won't really harm growth at all. On the other hand if you are still growing revenue at 50%pa then maybe you would prefer to direct all the revenues to expanding the company or doing the DFU trial. We aren't at there yet but we could be in a couple of years.
I agree, I don't think he meant "never". If you make $20m in...
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Last
$2.43 |
Change
0.110(4.74%) |
Mkt cap ! $1.677B | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.45 | $2.38 | $2.896M | 1.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 9997 | 4 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PNV (ASX) Chart |