I was thinking about it again and concluded that we should rather take into account the last rns from 4 Sep. where the divi was mentioned , so 15 cents on completion . However ............ there are buts .
In the interim results from 28 Aug. the company says in Chief Executive report that the GVC intends to pay second interim divi which will be announced with Q3 results publishes in Q4.
Interestingly from 4 Sep. take -over rns if you scroll down to point 15 you can read that the company intends to pay further divi 14 cents subject to completion occurring .
So from the wording of these two rnses simple logic would suggest that two divi will be paid before 2016 .
All IMHO.
Nothing is happening here .If they want to be a medium sized oil co. they must do something unless it is their strategy to wait for even lower prices of assets !!!!!!!!!!!!!!!
Iran has also abundance of gas , probably in top three biggest in the world . By the it is the highest time for zol to do something , they have plenty of cash to invest .
End of April they said that in 2 years time they want to be main listed company , did not specify that FT 100 , but wish them all the best they might be .For me slightly below top 100 will do .
On end of April results zol said that in 2 years they plan to be main listed , so we need more corporate action . The reserves of oil wont be sitting in the ground for fun .