Hi Penguinlin, a small dividend would be a sweet thing from DLS, but are you guessing or actually expecting ?
They can probably justify a dividend easily with their increasing cashflows now. It would mark them as a smaller version of Beach Petroleum, imo, and would certainly attract some attention as a maturing company.
So what would be a reasonable payment in your opinion ? 1 cent ? That would be great, but I would think a 1/2 to 3/4 cent dividend more likely when starting a program of ongoing nature.
Anyway, I hope you are right. Whilst some traders are happy to take half a cent profits, I would be happy to hold for growth and take a regular dividend.
Ciao
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