it would be silly of them to give away too much cash, giving...

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  1. 5,619 Posts.
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    it would be silly of them to give away too much cash, giving away 15 million back to shareholders ( 14cents )and only keeping 4 . well if they do this and is passed by shareholder meeting. the price will go up at least 10 cent for ppl buying in for the dividend only to crash back down to around the current sp or lower .

    then there left with about 4 million to buy a project and will shortly need more money after buying a project ?

    i dont hold the stock but if i did i would be questioning the decision to give away so much cash in a time like this. it would be much better i think to more like keep 10 to 15 and give away 4 to 5 mill.

 
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