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1.4¢ tombador iron limited

no chance of a buyback. The company is very much dividend...

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Barrier3

121 Posts.

5

03/03/22

09:40

Post #: 59944879
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Originally posted by chuck53: ↑

I personally would like a share buy back, instead of a dividend. If they do not reduce the amount of shares on the market, they will be forced to do a Reconstruction of Capital (ROC), again. That would be their 4th ROC. I cannot live on the dividend, or, retire on it. If they do give out a dividend I hope it is fully franked (100%). Management need to think long and hard about the dividend versus a buyback. Just my opinion and I am sure some of you will disagree. That is what HC is all about, I guess.

GLTAH

Chuck.

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no chance of a buyback. The company is very much dividend focused as per their earlier presentations.

TI1 Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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