AOK 0.00% 1.7¢ austex oil limited

re: Ann: Raising up to $US17.5m to fast track... by definition...

  1. 1,160 Posts.
    re: Ann: Raising up to $US17.5m to fast track... by definition dividends can only be paid from retained earnings
    as such the company must be confident that it will be operating at a profit
    couldn't see it in the fine print but I assume the dividends are cumulative in which case if they cant pay them in year one(due to insufficient retained earnings) then they could catch up in the following year?
 
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