IPA indigo properties australia limited
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They want to pay a 6c final dividend some time before Dec 31st...

  1. JimiHendrix2
    1,896 Posts.
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    02/10/07
    14:19
    Post #: 2856032
    They want to pay a 6c final dividend some time before Dec 31st 2007. But not to CityPac or Indigo Capital and subject to shareholder approval at the upcoming AGM. This is a very strange move. Obviously they don't have the cash to pay everyone given that the eps was 6.02c and they've already paid out dps of 5c in the first half. Until the results of the AGM are known I wouldn't rate the stock any higher than a HOLD.
    IPA Price at posting: 0.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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