why would a cap raise necessarily follow, if they are only paying out a percentage of the FCF?
I’m not advocating for a policy that empties the entire cash balance, just some more progressive returns policy as a balance between growth capex and shareholder returns (like most listed companies do who are cashflow positive)
Share price recovery, page-60
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.159M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $3.563K | 395.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1138120 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 800000 | 1 |
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| Last trade - 12.40pm 08/07/2024 (20 minute delay) ? |
| SHE (ASX) Chart |