ROH,
" For those of us who are looking to the dividend flow the share price is of far less importance as the dividend remains the same irrespective of the price now or into the future."
So many misguided here.....
CDU may get some debt financing (if there is a change in the Board, IMO). There will be significant dilution with share issues to rain the capital for this venture.
The share price is of GREAT importance to future dividends! I would have rather CDU issued 37.5M shares @ $4; than 75M shares @ $2 (just using current examples of sp's to fund $150M capex). Makes a hell of a difference to the div /sh.
Cheers, Skip
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