".....$310mio in the bank at end of Dec 2006 and by end of March 2007 there will be over $400 m in the bank, I smell a whopper of a dividend to be announced in February with the yearly results,this of course will be paid around the last week in March 2007."
My comment: Three weeks to go and MRE will make its competitors look like they were standing still.
However, I'd prefer another nice capital return rather than a dividend, like the 20 cps we got from MRE not so long ago.
mmmm.....I smell dinner.
(Sir) Lunchalot Scoffer Extraordinairre Caveat: Lunchalot is a hack investor not a financial adviser. Beware of treating Lunchalot's flimsy opinions as financial advice or you may end up on the street - where he lives.
MRE Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Held