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24-01-2017 04:40 PM
Tis a great new year gift this R150m and given that I am too lazy to check out balance sheet debt and something tells me it was going to be a chunky dividend ( why on earth -do they not have any other ideas
in which to place the funds into ..? )
All makes me wonder what this divvie will amount to given the number of shares in issue - which figure I know!?
24-01-2017 04:46 PM
no debt and R150m is about 20c a share ? But moe likely they will spend it on something ..
25-01-2017 09:32 AM
I recall them saying there will be a divvie. But like you I think its a waste of opportunity to pay it.
25-01-2017 09:35 AM
25-01-2017 10:08 AM
that exactly what my understanding is of what they trying to do .. deal makers not operators