I think you will find, that any company that pays dividends, will be free of these parasites, the SP normally reverts to a SP multiple, and the intrinsic multiple is set.
But I agree with you, it is wrong! and is not a fair playing field and it makes it extremely hard for companies that are not in profit to raise funds at fair value.
PNV - Chart, page-17743
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Last
$2.33 |
Change
-0.020(0.85%) |
Mkt cap ! $1.608B | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.34 | $2.29 | $1.770M | 763.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5901 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 6302 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |