As an unlisted company, we operate an in-house share trading service for members wanting to buy or sell shares—the company does not re-purchase shares from shareholders.
Each June, the Directors declare a dividend payable to shareholders’ which is fully franked. This dividend is normally paid out in October/November to coincide with the Annual General Meeting.
- 2005, $0.03 unfranked — paid 8 December 2005.
- 2006, $0.03 unfranked — paid 11 January 2007.
- 2007, $0.06 franked to 100% — paid 20 June 2007.
- 2008, $0.07 franked to 100% — paid 19 September 2008.
- 2009, $0.08 franked to 100% — paid 10 September 2009.
- 2010, $0.09 franked to 100% — paid 02 September 2010.
- 2011, $0.10 franked to 100% — paid 30 August 2011.
- 2012, $0.08 franked to 100% — paid 9 October 2012.
- 2013, bonus share distribution of four bonus ordinary shares for every five ordinary shares held, each franked to 100%.
- 2014, $0.04 franked to 100% — paid 20 October 2014.
- 2015, $0.02 franked to 100% — paid 25 November 2015.
- 2016, $0.05 franked to 100% — paid 16 September 2016.
- 2017, $0.03 franked to 100% — paid 10 November 2017.
- 2018, no dividend paid.
- 2019, $0.02 franked to 100% — paid 16 October 2019.
MBL holds a register with members who wish to sell their holding. We’ll handle all documentation with regards to the transfer of these shares, but the actual transfer is between the purchaser and seller. The seller dictates the price they wish to sell for.
MBL does not advise shareholders what value they should place on their shares. However, we offer the purchaser and seller the latest financial statements which they — or their financial advisor — can use to calculate perceived share value.
If you wish to purchase shares in the company, please contact Tanya Buckland on tanya.buckland@mbl.com.au or (08) 9334 9611. She’ll give you all the information you need and walk you through the process.