NMT 1.23% 8.2¢ neometals ltd

Ann: Neometals Announces Further On-Market Share Buy-Back, page-43

  1. 1,021 Posts.
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    I respectfully disagree - I just cant see it.

    I dont mind if they do but I can;t see it given that a 2c dividend payment costs about 10mil and that's just going to see their cash position take a pretty big hit.

    I don't think Chris will be that motivated to impress share holders until they at least make an extra 10 mil profit - which to my calcs should be in about 5-6 months from now, which also coincidently puts us in the next financial year and about the same time they paid last years div.
 
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