b2 to tastarga, page-2

Morning B2.
Your first point is valid where companies raise money from shareholders (or even banks for that matter in the case of SGW), then dish out dividends. Dumb, dumb, dumber!

As to STU, be surprised to see a divi for a while. Commitments for the next 12 months involve a lot of drilling to get the independent gas producer argument going.

Then it will have at least 12 months of outlays getting that business going if they find sufficient gas.

So at best a few years away-a 'growth' story?LOL

Personally think DC will orchestrate a takeover before it ever pays a dividend!

Cheers,TAS