OK, let's say they pay back $50mill as a dividend. $50 mill / 497mill shares on issue =$0.10c per share or approx 3.9% yield @2.55. That leaves around $150-$200mill left. That can finance a hell of a lot of exploration and development, or they could buy almost any mid-tier producer/developer for cash.
Lot's of options... I would probably buy DCN just down the road, current MC is $339mill, a bargain really.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $324.8M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.0¢ | $1.090M | 3.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 454995 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 109231 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| SBM (ASX) Chart |