DRA 0.00% $1.86 dra global limited

dividend possible?, page-4

  1. 278 Posts.
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    I think DRA will keep the dollars so that they can continue the extensive exploration and capitalise on any corporate opportunities that may arise or even ones they are currently looking at.

    Wasn't there a comment in one of their announcements late last year about a potential acquisition?

    DRA will be looking to do what ever it can to extend mine life and find/develop new targets - so it will keep the dollars IMO.

    I would prefer to see DRA use the dollars to grow rather than a short term benefit.

    Someone posted a little while back that the share buy-back hadn't started because they didn't want to compete with two others building positions. This maybe true but I still think it more likely that they have bigger plans for the money and I think that's good for shareholders.

    Not holding DRA but still like the company just got frustrated with the SP. Still watching to see how things unfold.



 
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