KAR 4.67% $1.53 karoon energy ltd

Ann: Letter to Shareholders, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 853 Posts.
    lightbulb Created with Sketch. 147
    "It is clear that many shareholders place great importance on the payment of dividends and capital returns."

    I don't know about other shareholders, but I prefer not being diluted and seeing total returns negative.

    That the chair needs to say "many shareholders place great importance on the payment of dividends and capital returns" suggests the Board didn't and any mentions of capital management were lip service.

    If this Board end up paying a dividend, it won't be because they wanted to. It will be because they were forced to by those pesky activists.
 
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