What dividend payment do you consider is reasonable Favre? Are you thinking .05 cents like is was two years ago in Oct 2019 when the share price was slightly lower than is it today, or are you thinking higher? I agree the dividend in too low, but I think come next year hopefully Batu Phase 8 kicks off and this years' contract wins start making money, the SP and dividend will both see a jump.
Ideal situation for me by mid next year, is similar to what Lerwick proposes above: SP between 30-35 cents and .075 half yearly dividends.
Yes something needs to be catalyst to change the stalemate of the past 12 months. I would think the Phase 8 contract extension in the vicinity of 33% of the current order book where MAH is already onsite (low establishment costs) would certainly be a great starting point. It's only a matter of time according to the Board...
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