It is tempting (and maybe I should stop following FRM so I don't get tempted to act), but I keep going back to the good question that MarsC always poses - which is if management uses the excess cash in the good years to pay down debt / update infrastructure, and in the bad years increases debt, and never has enough capital to pay a dividend... what's the point of holding? Maybe in the next three years there'll be another group of suckers who convince themselves that a dividend is coming and bid up the price, but that's a gamble.
It is tempting (and maybe I should stop following FRM so I don't...
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Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.52M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89033 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 32000 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
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