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$1.82 silver lake resources limited

Ann: Thick high grade results at Santa confirm UG mine potential, page-30

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Liberty2K

213 Posts.

33

26/12/18

20:14

Post #: 36960547
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Originally posted by dwuuuu ↑

Originally posted by Liberty2K
Yeah, it's about time they gave us a small dividend which, on that news if it happened, would have a twofold positive effect, that is, it would 1. raise the current share price and 2. keep current shareholders happy.
I'm going to do some calculations: Suppose the company gives a dividend of $10 million/507 million shares =0.02c per share That's quite a lot of money, hard too see it happening before merger.

The management/board are probably saving it (as usual) to give themselves and the new merger management/board members, if merger actually occurs, a pay rise as they always have done over the years rather than decently increasing the share price for us shareholders.

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SLR Price at posting: 54.0¢ Sentiment: None Disclosure: Held
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