I emailed the Chairman with words to that effect. These stocks are all about dividends, no one reads anything else in their releases. Not surprised about the Buyback but they have $43m cash - to not pay a dividend is stock suicide.
The bottom line is the Aussie directors would obviously know this, but at the end of the day they don't have the power to choose the dividend. Sure, they can bring it up at the Board meeting, but it won't get actioned. What can the non-executive directors actually do? Not much.
- Forums
- ASX - By Stock
- Ann: Commentary on 2016 full year results
I emailed the Chairman with words to that effect. These stocks...
-
-
- There are more pages in this discussion • 87 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)