SRL 1.19% 42.5¢ sunrise energy metals limited

Ann: Open Briefing CEO on Strategy and Outlook , page-3

  1. 101 Posts.
    re: Ann: Open Briefing CEO on Strategy and Ou... Tokyo.

    The update was a bore, all spin doctor stuff.

    Page 3 was interesting - talking about another possible 20 cent dividend in late 2010. Given their tax losses divvy will be unfranked - what a waste of shareholder's money. Capital returns and share buybacks are more efficient.

    Hey Milan. Drop in and say hi. I am sure in Hotcopper there are 100s of people willing to give you free advice what to buy on the ASX with that huge lump of cash in SRL -maybe save SRL $2 million a year in managing director's fees.
 
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