RED 4.35% 36.0¢ red 5 limited

Ann: Investor Presentation - Diggers and Dealers, page-93

  1. 1,687 Posts.
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    It seems to be that despite a huge cash pile this mob does not want to distribute dividends. Perhaps because if 100 million is distributed the MC goes down by 100 million (in theory anyway. These guys like being goldfields big shots taking over others and having a bigger MC justifies higher payrates. As I have said elsewhere (well Tragic repeats himself repeatedly) the history of such strategies in the past has led to over confidence and collapse. Some to us please. It is ours and we have well and truly earned it. Vote down the remuneration!!
 
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