No chance of paying a franked dividend until they pay tax - they won't become liable for tax on profits until 2HFY24 at the earliest and although they would have the option to pay that tax before paying a dividend in Sep24 they could delay paying that tax until early 2025 when lodging their tax return for the FY24 year if they so choose.
I personally have given up on them developing any more of the resource - no mention of it in the last two years, so I think they've abandoned any idea of doing it.
Ship tracking thread - only. Reading is optional, page-426
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Last
43.5¢ |
Change
-0.010(2.25%) |
Mkt cap ! $529.9M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.3¢ | $380.4K | 870.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 541429 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 41917 | 5 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |