EPD 0.00% $1.35 empired ltd

Factually incorrect.Page 15 of the presentation (and previous...

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    Factually incorrect.

    Page 15 of the presentation (and previous guidance) that this is an introduction to continued dividend policy.

    "Dividend policy to pay out 30%to 40%, moving to a pay-outratio in excess of 50% in themedium term".

    EPD is net cash with consistent cash generation. They wouldn't hoard the cash, either they buy new EPS accretive business, distribute dividends or share buyback (which I think they will introduce if the price stays at this ridiculous level).
 
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Currently unlisted public company.

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