QAD quadrant iridium limited

return of capital from iridium

  1. Jefferies
    566 Posts.
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    22/03/06
    14:26
    Post #: 1448042
    $AU1.8 million added to the coffers today. Nice one.

    A question about returm of capital. Why not a dividend?

    I'm ignorant about such technicalities.

    Presumably a return of capital does not reduce QAD's stake in Iridium, since I imagine all owners got a return proportional to their degree of ownership.
    QAD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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