XPD 0.00% 1.3¢ xpd soccer gear group limited

Current P/E 0.99, page-15

  1. 2,938 Posts.
    lightbulb Created with Sketch. 34
    They've done it before, they pay 1 cent last year in May 2016.

    i'd say, they will do it again next year.

    The owners got 14 millions additional shares just by announcing a dividend in 2016

    if a 1 cent dividend is announce and the owners choose to receive shares instead of cash.

    at 3 cents per share, they'll receive 83 million new shares
    at 5 cents per share, they'll receive 50 million new shares
    at 10 cents per share, they'll receive 25 million new shares

    its a win for the owners and a win for shareholders.

    that's why iam very confident, a dividend is forthcoming early next year.
 
watchlist Created with Sketch. Add XPD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.