Correct and incorrect - RooBendigo, "Am I right they have never paid a dividend? "
Correct never to us the shareholders (Muppets), but massive payments to themselves ( hmm)
But, here is the kicker, I believe they just shot themselves in the foot.
Silver Lake has now primed themselfs to be taken out, if someone wants cheap access to RED and Silver Lakes cash, gold mines . ( RED looks like a great investment, followed them for a while.)
Anything under $1.00 is dirt cheap, a takeover would cost somewhat more than $1.00, so at the moment SLR is a screaming buy. Hence I bought more cheap shares yesterday, while on sale!
SLR Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held