Midway Ltd (ASX: MWY) Share Price and News

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Midway Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $66.81 million
P/E Ratio 82.00
Dividend Yield 1.95%
Shares Outstanding 87.34 million
Earnings per share -0.093
Dividend per share 0.03
Year To Date Return 22.29%
Earnings Yield 1.22%
Franking 100%
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as at 24 Feb 3:44pm

  • Midway Ltd (ASX: MWY)
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    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    19 Sep 2024 $0.1450 100.00% Special Cash 04 Oct 2024
    19 Sep 2024 $0.0160 100.00% Final 04 Oct 2024
    07 Dec 2023 $0.0500 100.00% Special Cash 22 Dec 2023
    05 Sep 2019 $0.0900 100.00% Final 28 Oct 2019
    14 Mar 2019 $0.0900 100.00% Interim 18 Apr 2019
    06 Sep 2018 $0.0900 100.00% Final 08 Oct 2018
    15 Mar 2018 $0.0900 100.00% Interim 20 Apr 2018
    11 Sep 2017 $0.0000 100.00% Final 09 Oct 2017
    16 Mar 2017 $0.0900 100.00% Interim 21 Apr 2017

    MWY ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Midway Ltd

    Midway Ltd is engaged in the production and export of wood fiber to producers of pulp, paper, and associated products in Japan and China. The company derives income from producing hardwood and softwood woodchips. Its segments include Woodfibre Processing, Forestry Logistics, Plantation Management, and Ancillary. It generates the majority of revenue from Woodfibre Processing.

    MWY Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    12 Nov 2024 $0.77 $-0.04 -5.00% 17,466 $0.79 $0.79 $0.77
    11 Nov 2024 $0.80 $0.03 3.90% 22,700 $0.80 $0.80 $0.80
    08 Nov 2024 $0.77 $-0.03 -3.74% 43,925 $0.78 $0.78 $0.77
    07 Nov 2024 $0.80 $0.02 2.56% 14,572 $0.80 $0.80 $0.80
    06 Nov 2024 $0.78 $0.02 2.61% 9,299 $0.77 $0.79 $0.77
    05 Nov 2024 $0.77 $-0.03 -3.80% 39,204 $0.79 $0.79 $0.77
    04 Nov 2024 $0.79 $-0.01 -1.26% 9,268 $0.79 $0.79 $0.79
    01 Nov 2024 $0.80 $-0.01 -1.25% 16,355 $0.82 $0.82 $0.80
    31 Oct 2024 $0.80 $-0.02 -2.44% 27,638 $0.82 $0.82 $0.80
    29 Oct 2024 $0.82 $-0.01 -1.21% 11,826 $0.83 $0.83 $0.82
    28 Oct 2024 $0.83 $0.00 0.00% 18,870 $0.83 $0.83 $0.83
    24 Oct 2024 $0.83 $-0.01 -1.20% 880 $0.83 $0.83 $0.83
    23 Oct 2024 $0.83 $-0.01 -1.19% 16,032 $0.83 $0.83 $0.83
    22 Oct 2024 $0.84 $0.00 0.00% 1,692 $0.84 $0.84 $0.84
    18 Oct 2024 $0.84 $0.00 0.00% 16,140 $0.84 $0.85 $0.84
    17 Oct 2024 $0.84 $-0.01 -1.18% 15,869 $0.83 $0.84 $0.83
    16 Oct 2024 $0.85 $-0.01 -1.18% 50,891 $0.85 $0.85 $0.82

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    12 Jul 2024 Anthony (Tony) McKenna Expiry 89,227 $64,689
    As advised by the company. 973,006 - Performance Rights
    Lapse of Performance Rights
    22 Dec 2023 Anthony (Tony) McKenna Issued 35,545 $27,014
    Issue of securities. Performance Rights 1,062,233
    06 Dec 2023 Anthony (Tony) McKenna Issued 587,521 $505,268
    Issue of securities. Performance Rights 1,026,688

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Gordon Richard Davis Non-Executive DirectorNon-Executive Chairman Apr 2016
    Mr Davis has spent most of his career in the forestry and commodities industries. He was Managing Director of AWB Limited from 2006 to 2011, Chair of VicForests from 2011 to 2016. Gordon was also the Chair of Greening Australia between 2014 and 2019 and was appointed Chairman of the Company from 1 May 2022. Gordon was appointed a director in April 2016.
    Mr Tom Gunnersen Non-Executive Director Feb 2018
    Mr Gunnersen has 20 years of corporate, investment and capital markets experience in Australia and Asia. He is a co-founder and current Director of boutique corporate advisory firm KG Capital Partners and is a Director of Chebmont Pty Ltd, which is a substantial holder of Midway shares. Previously, Tom was a Director of Equities for global investment bank Canaccord Genuity Limited during which time he was based in Hong Kong for several years. Tom is a member of the People Committee and Risk Committee.
    Ms Leanne Heywood Non-Executive Director Mar 2019
    Mr Heywood is an experienced non executive director and committee chair with broad general management experience gained through an international career in the mining sector, including 10 years with the Rio Tinto Copper Group. Leanne is a director of Snowy Hydro Limited and is a graduate member of the Council of Charles Sturt University. Leanne is Chair of the Risk Committee, a member of the People Committee.
    Ms Kellie Benda Non-Executive Director Oct 2022
    Mr Benda commenced her career with King & Wood Mallesons, as a corporate lawyer and then moved into investment banking. She held senior executive positions as Chief Risk Officer, Chief Operating Officer and Executive General Manager in organizations including AGL Limited, Origin Energy Limited, Emeco Holdings Limited and Aurizon Limited. She has served as a non-executive director of the WA Forests Products Commission and Chair of IMX Resources Limited. She is a director of the Foreign Investment Review Board (FIRB), PSMA Australia Limited (Geoscape Australia), Aurora Energy Pty Ltd, Grains Research and Development Corporation (GRDC), the Brightwater Group, and several not-for-profit entities. Kellie is a member of the Safety and Sustainability Committee, and Risk Committee.
    Mr Andrew John Preece Non-Executive Director Mar 2024
    Mr Preece experience includes non-executive directorships of both Australian and New Zealand listed and private companies. He has a manufacturing, merchanting and wholesaling career spanning 30 years, originating in the UK packaging industry. Andy is a member of the Risk Committee.
    Mr Nils Gunnersen Non-Executive Director Oct 2012
    Mr Gunnersen has over 30 years of experience across the forests and wood products industry. He is a member of the AICD and a graduate of the Australian Rural Leadership Program. He was Executive Director of Operations and then Managing Director and CEO of Gunnersen Pty Ltd, a national, independent, wood products importer and distributor in Australia and New Zealand (2008 2019). He was both a Trustee and Chairman of the JW Gottstein Trust, a charitable trust which supports education in the forests products industry (2012 2024). Nils is a director of Chebmont Pty Ltd, which is a substantial holder of Midway shares. Nils is Chair of the Safety and Sustainability Committee, and a member of the People Committee.
    Mr Anthony (Tony) McKenna Chief Executive OfficerManaging Director Jan 2022
    Mr McKenna has broad experience in private investment, M&A, and agribusiness. He was Managing Director of Ruyi Australia Group, part of Shandong Ruyi Technology, a Chinese multinational group, from 2016 to 2022. During that time, he was responsible for the operations of Cubbie Station, Australia's largest cotton farm, and Lempriere Wool, an international wool processing and trading business. Prior to 2016, Tony was CEO of Lempriere Capital, a private investment group specializing in agribusiness, and Executive Director of agri funds manager AgCAP.
    Mr Robert (Rob) Bennett Company Secretary May 2020
    -
    Michael McKenzie Chief Financial Officer
    -
    Robert (Rob) Bennett Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Chebmont Pty Ltd 20,798,294 23.81%
    J P Morgan Nominees Australia Pty Limited 7,207,898 8.25%
    One Managed Invt Funds Ltd <Sandon Capital Inv Ltd A/C> 4,926,684 5.64%
    One Fund Services Ltd <Sandon Capital Activist A/C> 3,256,899 3.73%
    Mccormack Timbers Pty Ltd 2,913,152 3.34%
    Mccormack Timber Holdings Pty Ltd 2,893,036 3.31%
    Mr Gregory Henry Mccormack & Mrs Jocelyn Lorna Delafield Mccormack <Mccormack Timbers Stf Sf A/C> 2,660,000 3.05%
    W.H. Bennett & Sons Pty Ltd 2,560,356 2.93%
    HSBC Custody Nominees (Australia) Limited 2,465,634 2.82%
    Jr Micah Pty Ltd <Jr Micah Super Fund A/C> 2,013,194 2.31%
    M & M Murnane Holdings Pty Ltd 1,800,000 2.06%
    J & J Corrigan Nominees Pty Ltd <Eureka Timber A/C> 1,513,530 1.73%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 1,449,009 1.66%
    Mccormack Timbers Pty Ltd <Staff Super Fund A/C> 1,338,411 1.53%
    Eminent Asset Management Pty Ltd <Eminent Asset Mgt Sf A/C> 1,140,000 1.31%
    Bnp Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> 1,077,229 1.23%
    Lusheri Super Pty Ltd <Lusheri Super Fund A/C> 1,043,733 1.20%
    HSBC Custody Nominees (Australia) Limited i 992,159 1.14%
    Certane Ct Pty Ltd <Bc1> 984,593 1.13%
    Citicorp Nominees Pty Limited 761,663 0.87%

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