PHX 6.38% 5.0¢ pharmx technologies limited

Unlikely scenario Dalque43 even if an acquisition in the wind....

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    Unlikely scenario Dalque43 even if an acquisition in the wind. The forecast for the current year was for a total of 1 cent per share in dividends. There has been no guidance from the Company that a change in circumstances within the business will require any alteration to the dividend policy.

    Also I can't see any "prudent" acquisition (s) having any detrimental effect on positive cash flow. Any acquisition should be already a good business, perhaps going through the same growth issues as Corum, where obvious synergies exist as a combined unit. If they can't find that sort of acquisition better off Corum putting their spare cash into a portfolio of blue chip shares and just collecting dividends in addition to its own cash generation.
 
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