SHE 0.00% 1.0¢ stonehorse energy limited

DMG from memory found a lot of gold in China, and the Chairman...

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    DMG from memory found a lot of gold in China, and the Chairman arranged for tenement to be sold to the Chinese,
    .
    Share price went through the roof.. it took a while but after the sale they were holding a lot of cash.
    .
    They put it to the shareholders whether they wanted to reinvest it or have a dividend. They voted for the dividend.
    So 90%+ of the sale revenue was paid to shareholders in a massive one off multi-bagger dividend.

    A lot of people made a lot of money.
    .
    Considering the gold mine was in China, The chairman of DMG could have easily have kept the money..but he did not, he gave a huge dividend returning profits for the shareholder.
    .
    I think that says a lot about the Chairman who is now the chairman of Stonehorse energy.



    Last edited by Value4983843: 23/01/24
 
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