I have recently read about DVP being more than 2 years old, but yet there is no dividend.
This perplexes me a little. Where does this expectation come from?
My expectations are that management would have the capacity to utilise any spare capital and create greater wealth for me, than I could.
They have also inherited some capital losses to utilise before input tax credits can be utilised for a franked dividend. So my guess would be that it is a while off even if we do start producing in the next 12-18 months.
Correct me if I'm wrong, what is others thoughts???
Dividend Expectations
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$2.17 |
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