I take your point that its in shareholders interest to let the company reinvest excess capital while it can achieve a market-beating return on investment. I was wondering if the Company had indicated the circumstances or hurdles that would lead it to increase distributions. A criterion around expected return on investment falling below some threshold level would seem reasonable but no such thing has been stated to my knowledge.
Ann: Q1 FY24 Operational Update, page-16
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Last
$34.26 |
Change
-0.190(0.55%) |
Mkt cap ! $65.06B | |||
| Open | High | Low | Value | Volume |
| $34.45 | $34.68 | $34.17 | $118.8M | 3.458M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10706 | $34.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.29 | 171 | 1 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$34.42 |
Change
-0.190 ( 0.12 %) |
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| Open | High | Low | Volume | ||
| $34.46 | $34.67 | $34.18 | 278085 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| GMG (ASX) Chart |