HMC 0.00% $11.89 hmc capital limited

i'm puzzled that people are so excited about a dividend. The...

  1. 80 Posts.
    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.
 
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$11.89
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Mkt cap ! $2.909B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

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No. Vol. Price($)
7 1347 $14.26
 

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Price($) Vol. No.
$11.30 1190 4
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