AZZ antares energy limited
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Ouch - Breitburn Dividend Suspended

  1. Last of the Mohicans
    5,038 Posts.
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    02/12/15
    03:26
    Post #: 16525271
    Just to squeeze things even further Breitburn have just suspended there common dividend.

    Antares have gone from A$10M in dividend income to Zero in 1 year.

    A$95M worth of shares 1 year ago, which are now worth 10% of that amount A$9.5M

    Ouch..........................

    Pressure from everywhere, they can't let this drag on to long otherwise they'll be no cash in the bank.

    LOTM
    AZZ Price at posting: 50.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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