I'm all honesty, even $1mill/quarter seems a little steep to me. I mean what exactly is it going towards.. That's $4mill annually during a time when it appears like we are in "wait and see" mode with the POO.
Just seems a lot in comparison with resource coys, which I know are different, but we're at that end of the market right now.
Not quite sure what to make of LWP at the moment. There's no doubt that the POO has really ruined the party, for now.
Should offer some good upside when things eventually turn though.
LWP Price at posting:
0.5¢ Sentiment: None Disclosure: Held