X64 0.00% 57.0¢ ten sixty four limited

Does anyone think that if MML reduced their exploration and...

  1. 818 Posts.
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    Does anyone think that if MML reduced their exploration and development costs by 20% or so and paid out a $5m - $10m dividend that it would send the share price through the roof?

    I can't help but feel with a 3% - 5% dividend yield even a volatile company like MML would still see substantial money flow into it given that Aussie cash rates falling and cash isn't yielding what it once was.

    Thoughts?
 
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