There is no reason the company cannot do both .... a small token dividend of say 10 cents fully franked and a share buyback of say $250 million but at the end of the day given the current IF situation that is evolving globally I would rather they put the funds to use for things like expansion, increased production etc etc - there is always next year for a dividend after they see how the current situation plays out ?
The new CEO has been there for over 12 months so he should be across most things by now so time to start showing some innovation and capitlaising on the current IF situation me thinks.
GLTAH
A2M Price at posting:
$4.58 Sentiment: Buy Disclosure: Held
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