HMC
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0.50% $11.95 hmc capital limited

market update, page-6

  1. rmp6868
    80 Posts.
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    20/12/10
    17:36
    Post #: 7638334
    i'm puzzled that people are so excited about a dividend. The company lost $1.8million in the last half of the 2010 financial year. I'm concerned the company cant afford it.
    Why try to raise money through a rights issue then pay a dividend. Hydromet pay the lawyers and stockbrokers and the share price doesn't move.
    HMC Price at posting: 4.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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