CI1 0.00% 11.0¢ credit intelligence ltd

CI1 General discussion, page-2178

  1. 513 Posts.
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    Flexi, I agree that having dividends back would be awesome for us investors, however as I said before, companies should only give out dividends if they couldn't get a higher return by investing that money within the company. In my opinion CI1 needs cash on hand for their loan books.

    If they wanted to raise money, it would be very easy for them to push the stock price up. They could announce a special dividend, or have directors buy in to the company, and then go ahead and cap raise. In saying this, CI1 doesn't really need to raise money at the moment. we've got a steady stream of operating cash flow coming in, and that amount is more than sufficient to see an expansion in my opinion.

    *Not financial advice, do your own research.
 
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