iam convinced a dividend will be issue next year. look at it...

iam convinced a dividend will be issue next year.

look at it this way, it is in the owners interest to pay dividend when price is low.

total outstanding share is around 434 million shares, owners hold 250 millions which equate to 57% of the company

if the company pay dividend of 1 cent per share, the owner will receive 2.5 million dollars OR at current price (via dividend reinvestment plan) the owner will receive an additional 75 million shares. Which will increase their ownership of the company.

lets just say price jump from 3 cents to 8 cents following dividend announcement. At 8 cent, the owner will still an additional 31 million shares.

Therefore making a dividend distribution at low share price, is a win win situation for the owner. They'd be mad not to do it.