RE: Divi Up What Matters1 Apr 2019 19:07
Pdub. Whilst I admire your (and Kens) relentless positivity, I can't help but feel that you and Ken are wrong here. Jagadish has posted a very fair and balanced comment. Yes, I believe that this will be ok longer term but serial disappointments (and they are now serial) ha ve deflated the promising start we have made. In serial , I include a continuing lack of news about the imminent Mokopone (although i acknowledge this is largely out of BM control), unexpected industrial action , missed targets with poor ore grades and now a failed dividend policy release. Incidentally, I was happy (and still am) with NO dividend. The mistake is saying there will be one and then not delivering. The fall the SP has again taken is not surprising as new investors lose confidence and look elsewhere.