Arion,
It's pretty simple.
Someone like yourself (or someone that cannot afford to lose $500) should NOT invest in CVN, or any other small/mid sized oiler.
It's that simple, and CVN paying a dividend would not change that.
Furthermore I repeat the fact that CVN needs it's cash, and cannot afford to pay dividends until it has much higher and sustainable production.
EL
PS I do not know the other company you are referring to but it sounds like the folk expecting the $2 divvies would have been better off believing in the tooth fairy.
blinkers off, page-17
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16.5¢ |
Change
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Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
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