But seeing it’s going to be worth $20 billion in a few years time some will be very interested.
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surely shareholders who have paid $20+ a share would not want to sell at say a $10 a share takeover bid,similarly shareholders who bought at below a $1 for their shares and did not sell when the price was over $20+ would not want to sell now.So at what price would a takeover bid work?
Which reminds me, if not now - under new MD & CEO - when should we expect to see a dividend?
That amount of cash makes the company an even juicier takeover target, so best invest it quickly in growth, buy back shares or start paying a dividend. Frankly, I don't care which!
Over to you, Mr Bortolussi...
The new CEO is part of the board( not like Jayne) . So his opinions would be heard … I guess more loudly .
https://thea2milkcompany.com/corporate-governance
Interesting. Normally a move to dividends for this sort of company and previous investment case means it is moving from growth to dividend. That can see a big change in shareholder type. ATM prob still has growth assumers in there. But in this case I would argue the price move has already occurred. Question is what can it pay? That will define its value as a divvy payer. If growth does come back, as a director, I would use debt on the balance sheet to support that FWIW.
Expecting no students n tourists anytime soon. Daigou channels will remain suppressed.
https://www.smh.com.au/world/asia/va...29-p57ngx.html
Cheng said on Thursday that racial discrimination driven by the current geopolitical tension would make Chinese students and tourists question whether they wanted to travel to Australia.
“My question is whether there will be a friendly environment for their return,” he said.
Treasurer Josh Frydenberg said the government would maintain its national security positions and speak out on human rights abuses. He said Australia’s largest export, iron ore, worth $80 billion a year, remained resilient to trade threats.