VSL
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2.29% $7.15 vulcan steel limited

It was madness to declare an UNFRANKED DIVIDEND when the company...

  1. Pomodoro
    5,167 Posts.
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    15/03/05
    21:00
    Post #: 831977
    It was madness to declare an UNFRANKED DIVIDEND when the company needed money for working capital.

    I asked them why they did this and they said it was done to appease shareholders and make them feel that they are getting a return. This is weak management to start with.

    I lost faith in them at that stage. Nevertheless I will be wathcing carefully.
    VSL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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