GXY galaxy resources limited
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Time for a dividend?, page-7

  1. Lithibull
    316 Posts.
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    14/07/17
    14:05
    Post #: 25869324
    I don't see why it would boost it. Mr Market knows that it is a charity dividend. The only thing that will happen is dividend will increase the SP a tiny bit and then decrease the day after dividend is issued.
    ROI in terms of market cap/SP is greater with reinvestment than divi IMO.
    Although it would be great to know the payout policy of GXY in future.
    GXY Price at posting: $1.94 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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