"I'm assuming the Divy would just be a paltry amount and I would probably prefer reinvestment."
Keep in mind if the instos want a cash return such as a div and they get it, then its likely to be reflected in the sp.
We are probably on a forward cashflow multiple of around 6 on 2014 earnings (on my numbers).
If the company starts to pay a div and the instos like that, then the multiple might move to 10 or higher resulting in much stronger capital gains for us all (on top of the regular dividend) and I am sure they will retain more than enough earnings to fund growth as well.
I think the sp will improve regardless as we approach the 2014 financial year (beginning July 2013 so only 7 months away) but the div should give us a higher sp than might be expected if we don't have a div.
- Forums
- ASX - By Stock
- SLR
- maiden dividend in 2014
maiden dividend in 2014, page-6
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online