Can you never make your arguments without insulting whoever you are talking about. Why can you not make your point simply without insults.
I will give you an example. Recently I said why would Lynas pay a dividend. They should plow every penny back into growth though I did not insult any body directly I made it clear why I thought Dividends in next 10 years was not what the company needed. Even gave an example thet WES drained all their cash paying dividends. Started to think about it did some research. The S&P dividend yield is 1.38% at close friday the ASX 200 about 4.2. Now I could call this dumb to suck the life out of a young company But I recognize the cultural difference that AU puts much more weight on dividends. I could point out that many of the biggest young companies in US got that way by plowing every penny back into the company for 10 sometimes 20 years. i still believe No dividends is the way to have great growth but that odes not give me the right to call Lynas clowns if they decide to pay dividends. I am sure If I applied US standards to AU you would be quick to let me know I did not get it.
LYC Price at posting:
$6.95 Sentiment: None Disclosure: Held
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