A spineless management team would pay a divvy , a strong forward thinking management team would not.
Who wants a couple of cents, I want them to pay down debt before interest rates begin to climb.
STO can be a lean,mean producer of energy in the next few years, they can be a big profitable company every one wants to be part of.
That will not happen by paying out a few cents twice a year to quieten down the shareholders.
Pay down debt, we can wait for the share price to rise and for the divvy to be paid.
Investors make much more money on share prices rising than they will ever make a a few cent divvy to piss up against the wall. Sorry but thats the way it is.
If they start paying divvy's at this stage Im out, If they do not bend over to pressure , Ill buy more.
PA 31.
A spineless management team would pay a divvy , a strong forward...
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Last
$8.02 |
Change
0.020(0.25%) |
Mkt cap ! $26.04B | |||
| Open | High | Low | Value | Volume |
| $7.95 | $8.03 | $7.95 | $72.35M | 9.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11377 | $8.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 299409 | 10 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |