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Cleaning up the register with min 10,000 share purchase now...

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23/10/24

11:56

Post #: 76259469
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Originally posted by Truthspeaker: ↑

Agreed. Once the ATO review and the outcome of 11 Class Actions are known then they may be more generous. If they focused on getting the share price to more reflect the company's intrinsic value then they could use scrip for acquisitions until then they'd have to cash. An 80% payout ratio will see $600m cash in hand at 30/06/25.

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Cleaning up the register with min 10,000 share purchase now needed on primary markets.

If they do another buyback at $8+ sure that would wipe out some of the older stale holders who want out.
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