Dividends! Massive news!, page-15

Just to help you get a grip on things have a look at the most recent accounts published by Medusa. The book value is well north of $1 and depending on the dividends announced they are to be viewed against the very poor interest rates currently available and the potential for high volatility in the world stockmarkets. Medusa is generating great profits - they have excess capacity - they are pretty well debt free - they have money in the bank - and they are planning to build the decline. Covid has shuttered most economies around the world whilst stock markets appear to be hitting all time highs. Something is clearly wrong. DYOR