PRX 0.00% 0.3¢ prodigy gold nl

chart update june20, page-5

  1. 1,669 Posts.
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    Even if ABU's sp continues to languish, down the track the directors will be looking to reward themselves even more for ABU's profits made. Let's say ABU makes a conservative estimate of $100m profit over the next 3 years. The directors could easily afford to reward themselves with a dividend, and of course we'd get it too!

    Then there is also the chance of a share buy-back which would increase the sp.

    And of course ABU could make new discoveries, or buy out another successful company, or its joint venture partners might strike it big?

    And what will happen to the sp if the POG hits US$2000 again?? Wow!

    So what will be will be. The market will continue to determine their fondness for ABU and set its sp. But a dividend, or a share buy-back, or other positive outcomes could be great sweeteners down the track.

    I'm hoping for a better week for ABU this week, but long term there are plenty of potential positive outcomes for ABU that may make shareholders very happy!
 
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