Well thats my opinion as well... pay debt get the SP back up. I know its supposed to be more complicated than that but repair the balance sheet and the sp will increase,I’m for capital growth rather than a yearly payout.
However I understand there are those that purchased sto for its dividend income and for the last 12 mths they’ve missed out.
Personally im holding this share for awhile yet so if a divie is paid, it probably won’t affect my long term plans but its not my preference at this stage....
Good luck all
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.