RE: Cavendish raise forecasts - 27p target price20 May 2024 12:15
Guys,
Do you think that Gupta's family, who has a controlling interest in the company, is ever going to pay dividends or buy back shares?
As far as I read Outlook, they are going to use cash for M&A instead - "the Company has significantly strengthened its balance sheet and liquidity position which provides OPG with the financial strength and latitude to pursue new growth opportunities in energy transition."