ECH 1.35% 37.5¢ echelon resources limited

People seem to have to complain and criticize companies whatever...

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  1. 13,989 Posts.
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    People seem to have to complain and criticize companies whatever they do.

    I am happy for a profitable oiler with no obvious cash hungry developments on the horizon to pay me whatever they deem available. Pretty hard to get cash out of oilers and back into shareholder pockets.

    Could be very positive for the sp. The sp of NZOG is determined by NZ investors, and these very much value dividends. A gross dividend yield over 10% unlikely to hold imho. Instead I suspect the sp will adjust up a little. At very least the DY should provide good sp support.

    EL
 
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