ASC is still looking a bit sick due to heavy selling but as I have stated before this I feel has absolutely nothing to do with not paying a dividend and as others have stated if they are paying a dividend it would be announced at the time of reporting full year results - not before.
Just who much of a dividend are you expecting the company to pay anyway - if they do decide to pay it would only be 1 or 2 cents per share - BIG DEAL.
Paying a dividend would do nothing to the share price apart from maybe push it up by the value of the dividend before it goes ex. I am sure most shareholders would rather see what plans the company has to continue and expand its cash flow and push the share price back up to 40 cents.
If you are buying stocks for dividend yield what are you doing buying a stock like ASC in the first place.
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ASC is still looking a bit sick due to heavy selling but as I...
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