We need a divi21 Aug 2019 10:48
This SP slide has to be halted. If we're meant to be trying to attract more institutional investors, the SP has to managed better. I get the argument for preserving cash to pay for growth, but sooner or later some of that profit has to be returned to shareholders. Otherwise what's the point of being invested in BMN? When will the 'growth phase' end? Once we're producing electrolyte in quantity? I doubt it. We'll need all the cash then for the VRFB factory. Will we get a dividend then? Maybe not, maybe Fortune will then want to start making solar panels, so we can be the fully integrated energy provider. What comes after that, what else can we grow into? I understand his desire to make BMN a big, successful company, but what about shareholders that have had to put up with a declining SP for almost a year now, without an end in sight? It's time now to pay that special dividend and put a proper support level under the SP. Not all of us want to wait another 5 years to get a return