Just for record I went back and relistened to AL and what she said about dividends. At very best it was neutralJust away to apease people who wanted it.
Here is a chart of Cash flow for Lynas Please explain how they could pay even a 25 cent /yr dividend and not have cash flow problems
0.25 X 933 million shares is $200. Do you realy think they could pay that for 4 or 5 years. Lowering or cancelling a dividend usually cause a steep decline in SP i guess they could pay a dividend then sell more stock to cover it but does that make sense to you? In one year cash on hand has dropped AU$ 500M if we take out stock sales and JARE loan forgiveness.
Ann: Quarterly Activities Report, page-41
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$6.34 |
Change
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Mkt cap ! $5.916B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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