I would like to see PLS make a lot of profits and start paying dividends (this will assist the sector in attracting more investors), they nearly have a billion cash now or shortly. They have to attract shareholders who are interested dividends not just those keen on growth. It’s simple, there’s more gazillions of money etching for dividends than those chasing growth.
However I doubt they’ll do it because
-they’re too greedy, they already have huge capacity
-and they’re planning to expand again whilst they haven’t yet optimised their current capacity and are producing sub SC6 for 5 years - never learned lesson 101
-unlike LTR most of the welded on donut members are free carrying with monies returned from MI6 spin-off (special dividend if you like)
-their CEO had run for the hills
-Ltr will pay our next massive ‘dividend’ before PLS does imo
@Kikker1959 I’m not surprised by their leader’s move lol.
Current Oz producers, not only PLS, should start paying divvies imo. No excuses because spod Prices are 10x higher now.
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