Surprised by today's pullbacks
Maybe I am missing something but they said that the divy would be between 50 and 80% of npat either paid annually or bi annually.
The unaudited NPAT is forecasted to be approx $ 49m. There are 472,213,920 shares on issue.
Maybe my maths has a lot to be desired but even taking the worst case scenario of 50 % of npat it seems to be bloody attractive to me when the current share price is .29c !!!
What are I missing ?
Results due out in September. Not long to wait.
DYOR
Potential divy
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Last
37.0¢ |
Change
0.010(2.78%) |
Mkt cap ! $258.7M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.8¢ | 36.0¢ | $952.0K | 2.582M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74237 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 336700 | 3 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FEX (ASX) Chart |