AOK
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0.00% 0.3¢ australian oil company limited.

Ann: Raising up to $US17.5m to fast track Snake R, page-13

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  1. tilleydog
    1,160 Posts.
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    22/10/13
    04:59
    Post #: 12468079
    re: Ann: Raising up to $US17.5m to fast track... by definition dividends can only be paid from retained earnings
    as such the company must be confident that it will be operating at a profit
    couldn't see it in the fine print but I assume the dividends are cumulative in which case if they cant pay them in year one(due to insufficient retained earnings) then they could catch up in the following year?
    AOK Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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