The market will tell you prior to the annual result if a dividend is likely or not. My guess is that the SP pushes past $1.70 prior to the 26th August and AX1 will announce a 4c dividend.
The 3AW interview was further confirmation the confidence management has in their online capabilities as there has been no staff cuts with the recent stage 4 lockdowns in VIC, further more from their 25th June announcement, FY2020 EBITDA is now expected to be around 10% above the $108.9m achieved in FY2019, a 10% increase with an estimated $58-$60 million NPAT for the 2020 FY, net gearing remains low and with continued Job Keeper assistance right through to end of Sep as a minimum would support their current payout ratio.
Share Price would shoot past $2 if the above scenario plays out IMO.
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$2.10 |
Change
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Mkt cap ! $1.182B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 79 | $2.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.00 | 33 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 79 | 2.200 |
1 | 11 | 2.160 |
3 | 19950 | 2.100 |
3 | 22160 | 2.090 |
2 | 7160 | 2.080 |
Price($) | Vol. | No. |
---|---|---|
1.995 | 33 | 3 |
2.040 | 10 | 1 |
2.060 | 178 | 2 |
2.110 | 10682 | 3 |
2.120 | 9611 | 3 |
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