RSG 4.00% 65.0¢ resolute mining limited

Ann: Dividend/Distribution - RSG, page-14

  1. 140 Posts.
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    As nice as it is to get a divvie from a goldminer the 4 cents pa is ridiculous given that their nett cash generation is running at around 30 cents per share. If they were to pay half of this (say 15 cents) as a dividend the shares would be at $2.10 not $1.10 and any future capital needs for expansion over and above the cash still left in the business could be sourced from the market on much better terms due to the much higher share price. Come on John Wellborn , its time to be generous!
 
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63.5¢ 66.0¢ 63.0¢ $6.505M 10.05M

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