AXL axel ree limited
Add to My Watchlist 8.86% ! 7.2¢

Ann: Cancellation of dividend, page-6

  1. johnfreely
    1,628 Posts.
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    08/10/18
    12:34
    Post #: 36035205
    It makes sense that the dividend would be withheld as its dealing with its lenders now so they would want as much capital held as possible.

    I think this one could be worth considering when it comes back online.​

    I need to wait to see how its debt has been restructured and what price the market wants to offer.
    AXL Price at posting: $1.63 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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7.2¢ 		Change
-0.007(8.86%) 		Mkt cap ! $7.259M
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