SP1
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0.00% $1.07 southern cross payments ltd

1st Jan ISX 15c to1.00 & no selling by the founders, page-6

  1. jlo2012
    2,862 Posts.
    lightbulb Created with Sketch. 2020
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    12/08/19
    08:23
    Post #: 39958311
    Why wouldn't you want a company to provide dividends if it begins to produce more cash than what it needs to meet its growth objectives?

    The CEO flagged dividends as being on the horizon at the most recent AGM in May. I'd suggest that would indicate they expect considerable free cashflow in coming years.

    I'll run with his expectations for the company over someone who showed up on HC 5 minutes ago.
    ISX Price at posting: $1.00 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 21  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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