ECH 8.11% 40.0¢ echelon resources limited

I'd prefer to see what the company does with all that cash by...

  1. 159 Posts.
    I'd prefer to see what the company does with all that cash by way of acquisitions, etc, which will take time. I can't see any particular justification for a divvi so soon after the last one, notwithstanding their embarras de riches.

    I also don't expect anticipate a significant augmentation in the sp soon (barring a nice bump if Momo comes up with the goods), my reasons being the state of the market, conversion enabling those with large appetite for NZO to have had a good feed, plus probably some will sit on the sidelines until NZO proves it is discerning in how it spends its squillions. But then, I wouldn't complain if it does!

 
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