VIR 0.00% 1.4¢ virgo resources ltd

3.2c intrim dividend paid today

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 25 Posts.
    Viridis paid it's intrim dividend of 3.2c per share today. Does anyone on HC follow this stock? I'm at a loss at why there is so little interest.

    It invests in alternative energy (more than ever this is a growth sector). It's got experienced management and most of all - it pays a decent dividend.

    The distribution has certainly dropped from last year ( 5c and 5.16c to give 10.16c total for the year), but the share price has also had a major hit. Even if we get 3.2 and maybe 3.2 again for the 2nd 6 months it still gives us a distribution of over 6c on a current share price of 44c.

    Does anyone else have any thoughts on this company. I've held shares in this stock for about 6 months now, but it feels a little lonely out here.
 
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Currently unlisted public company.

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