Yes that is a 26.3% dividend yield, but for me a dividend yield of 40%, happy days for me especially when I have complete trust in the Board.
Current shares on issue approximately 2,860,000,000 which would take about $28.6m to fund. A one cent dividend will leave about $12m for further exploration. Over the next five years that would make about $60m available for exploration and buying new tenements.
So I have every reason to believe a one cent dividend is on offer, that is why I am happy to sit at 3.7 cents but am perplexed why other potential new shareholders don't buy in and wait for these incredible dividends to be paid, IMHO and please DYOR.
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Yes that is a 26.3% dividend yield, but for me a dividend yield...
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Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 222061 | 2.6¢ |
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Price($) | Vol. | No. |
---|---|---|
2.7¢ | 1098149 | 5 |
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No. | Vol. | Price($) |
---|---|---|
1 | 222061 | 0.026 |
3 | 275022 | 0.025 |
8 | 1433510 | 0.024 |
3 | 505869 | 0.023 |
2 | 1125000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 1098149 | 5 |
0.028 | 10007869 | 7 |
0.029 | 3785433 | 9 |
0.030 | 6343535 | 13 |
0.031 | 132290 | 3 |
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