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.
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Last
32.5¢ |
Change
-0.055(14.5%) |
Mkt cap ! $351.9M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.3¢ | 32.3¢ | $6.706M | 19.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 641566 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 781300 | 50 |
View Market Depth
| Last trade - 15.20pm 17/06/2025 (20 minute delay) ? |
| SBM (ASX) Chart |