Absolutely, some need to be careful what they wish for.
If you are looking for dividends then you are likely investing in a low growth company.
I recommend looking at some other companies if thats your goal.
I highly doubt its on the radar of management.
Just look at Telstra recently.
They have switched strategies from low growth - dividend paying to reducing dividends
and reinvesting to grow the business. Im sure this has hurt many retirees who relied on the dividends but thats just the way the cookie crumbles sometimes. Competition is too fierce for them to sit on their hands.
Im here for the growth.
I dont want a 3-6% return on my investment from a 2M plant output.
I want that plant to be paid off and the 5 Mtpa built with free cash flow ASAP and maintain the strong first mover advantage the company has established which again shouldn't be underestimated. That should not be a problem by 2019, all going well fingers crossed.
Im happy to wait a few years for that to unfold but with a 5mtpa plant we are surely looking at a multibag from here.
GLTAH
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