BZL 0.00% 0.3¢ braziron limited

Strange times receiving 42 mil dividend.

  1. 13,252 Posts.
    Well worth a read even at 5 cents, holding 20% of the world biggest silicon smelter producer expecting profit distributions up to 42 mil, will that be paid out in dividends!
    Sounds a bit dodgy but one would expect mostly owned by Chinese in the know, worth a punt if you can get some in the 2 cent range lucky to pick up few in the last 6 months still 150% looks good on paper but.
    If the 42 mil comes in easy up to 10 cents as even 32 distribution would mean 4 to 5 cents to holders and 15 mil in kitty. Make you wonder.
 
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