This is nothing new, what is new is the % is changing from 26% to 30% and the change is being contested. There is an article on intherightvein about this if anyone wants to read it.
My choice as previously stated is take the money if it is good enough. I dont know where the estimates for dividends come from, this year they will hand out < 100m USD which makes the average annual less than 20m USD since the mine opened. For Jupiter to receive 200m per year would require tshipi to give out 400m a year and that is not going to happen IMO.
Events such as changes like the one above plus the volatile manganese price prompts me to want to take a possible 1000% increase in my capital outlay and use the money to buy a couple of investment homes that will give a more balanced and predictable return. I bought a long time ago at 6c and had just about written it off so not keen to look a gift horse in the mouth.
Each to their own, one thing is for sure, the decision will be made for us by the major shareholders.
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This is nothing new, what is new is the % is changing from 26%...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 966222 | 16.5¢ |
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19 | 1282978 | 0.160 |
20 | 1836772 | 0.155 |
21 | 1982582 | 0.150 |
4 | 820000 | 0.145 |
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0.175 | 411600 | 3 |
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