Tough times are behind us now we are ready to get the cake,
Matt I disagree,
Strategy ATM is more focused on growth than payouts,
Paying a divvy at present would take a lot of sacrifices,
If the Chinese were only interested in boosting production then they would be pumping it a lot more and wouldnt be concerned about profitability, something which is good for them and other holders,
Chinese only make up half the board,
The other half consists of the CEO & MD (Paul Arndt a superstar) and two independent directors,
Paul Arndt has a lot of shares himself that he paid up to $4 for so Im sure that he will be keen to suggest a divvy when the company can afford it,
At this stage the company has been taking advantage of the slowdown in the business cycle and is set to take off when things pick back up (metal prices already back to a point where PEM can turn a very nice profit considering current SP).
Hedges are coming off and its time to start making real money,
Maybe next year.
- Forums
- ASX - By Stock
- PEM
- Ann: Full Year Statutory Accounts
Ann: Full Year Statutory Accounts , page-6
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online