pressure for special dividend26 Aug 2011 12:09
My latest email is going to the Board. If enough of us put the pressure on maybe they will give a special dividend. I have copied all the correspondence for those of you who did not read my previous posts.
Dear
Thank you for your insights on the matter. I have forwarded your message to the Company Secretary who will bring it to the attention of the Board.
Kind regards,
Anna Gavrilova
Investor Relations Department
Dragon Oil plc
Sent: Mon 8/22/2011 22:39
To: Investor Relations, (DXB)
Subject: Re: FW: Enquiry from www.dragonoil.com
Dear Anna
Thank you for responding to my email.
As the cash Dragon Oil PLC have on deposit would be lost if a bank
holding the money failed would it not make sense to return a lot more
cash to investors and have a rights issue in the future if the Dragon
Oil PLC board do ever find a potential acquisition. If I personally
invested that money in a short term deposit account I would get a
better rate than Dragon Oil PLC and £85,000 in each bank would be
guaranteed.
Kind regards
22/08/2011 18:02, Investor Relations, (DXB) wrote:
> > Thank you for contacting the Investor Relations Department at Dragon Oil.
> >
> > We hold cash in short term deposits, which traditionally offer low interest rates. We would like to have the funds readily available for capital expenditure and potential acquisitions.
> >
> > Kind regards,
> >
> > Anna Gavrilova
> > Investor Relations Department
> > Dragon Oil plc
My latest email is going to the Board. If enough of us put the pressure on maybe they will give a special dividend. I have copied all the correspondence for those of you who did not read my previous posts.
Dear
Thank you for your insights on the matter. I have forwarded your message to the Company Secretary who will bring it to the attention of the Board.
Kind regards,
Anna Gavrilova
Investor Relations Department
Dragon Oil plc
Sent: Mon 8/22/2011 22:39
To: Investor Relations, (DXB)
Subject: Re: FW: Enquiry from www.dragonoil.com
Dear Anna
Thank you for responding to my email.
As the cash Dragon Oil PLC have on deposit would be lost if a bank
holding the money failed would it not make sense to return a lot more
cash to investors and have a rights issue in the future if the Dragon
Oil PLC board do ever find a potential acquisition. If I personally
invested that money in a short term deposit account I would get a
better rate than Dragon Oil PLC and £85,000 in each bank would be
guaranteed.
Kind regards
22/08/2011 18:02, Investor Relations, (DXB) wrote:
> > Thank you for contacting the Investor Relations Department at Dragon Oil.
> >
> > We hold cash in short term deposits, which traditionally offer low interest rates. We would like to have the funds readily available for capital expenditure and potential acquisitions.
> >
> > Kind re