yeah - well I meant (hoping) pay dividends in 1-2 years time... probably should have clarified a timeframe but I am long termer... Sooner or later they gotta do something with the cash reserves... the owners being directors will have to pay a dividend eventually or there will be a shareholder revolt one day into the future at an AGM if the cash doesn't come back to the owners of the company... opinion only but I won't be voting for any remuneration plan if it doesn't do something for me in the future .. otherwise why buy a share. Paying dividends also will help raise the SP which benefits the directors too who have holdings (I'm guessing). Why wouldn't they pay a dividend when cash reserves increased enough .. if not why are we betting this company will hit $1+ ... its only going that direction when they give "us the shareholders" something back... that makes it a keeper :) Anyway, I probably stand to be corrected...
SXY Price at posting:
66.5¢ Sentiment: LT Buy Disclosure: Held
