fuzzy,
To get real shareholder value especially through the exponential growth stage i would much rather see Share Buybacks over a period of a few years.
It would do three things.
1) As far as i am aware, it would be more cost effective for the company. Please correct me if i am wrong.
2) Would mean alot less shares on the market providing buying pressure.
3) It would also put pressure on the short sellers, especially the big boys.
Thats just my opinion.
Cheers markco2
prospect of dividend in 2013, page-3
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Last
$5.89 |
Change
-0.130(2.16%) |
Mkt cap ! $5.547B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $5.96 | $5.76 | $21.22M | 3.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 54974 | $5.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.89 | 4050 | 13 |
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| Last trade - 12.42pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |