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Fair call, scrat.Unusual, though, for profitable companies to...

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billy duckworth

3,568 Posts.

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26/08/21

22:48

Post #: 55608578
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Originally posted by scrat212: ↑

I'm new here, but they already paid a 6% div in the first half.
the way I see it they now need capital for the new shaft. Its being spent for a good reason. They are building the new decline out of cash not debt.
There was probably some room for a smaller final div. But thw decided not to.

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Fair call, scrat.

Unusual, though, for profitable companies to declare an interim div but no final.

MML Price at posting: 80.5¢ Sentiment: None Disclosure: Held
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Fair call, scrat.Unusual, though, for profitable companies to...

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