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I just read it and laughed! "The Board of XPD resolved on 29 May...

  1. stardestr0yer
    7,946 Posts.
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    29/05/17
    14:46
    Post #: 24970596
    I just read it and laughed!
    "The Board of XPD resolved on 29 May 2017 to adopt a dividend policy under which XPD will endeavour to maintain an annual minimum dividend payment ratio of 20% of net profit after tax for 2017 and ongoing."

    20%.... what a JOKE!!!! I would expect around 60% - 70% of Cash NPAT to be paid as dividends
    XPD Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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