"the feeling that there were arbitrageurs buying its stock just to get the promised March dividend - had led BrisConnections to reassess its payout policy."
- Rowe's amazing excuse for removing the dividend as reported above.
Err...investors buy shares to get a dividend, that's what investing is about and why you falsely offered one in your Company's prospectus!
If he was worried about people buying for a div and then refusing the second instalment, he could have just delayed the 6c until after the call. This is disingenuous c--p.
BCS Price at posting:
0.0¢ Sentiment: None Disclosure: Held
