RE: Dividend21 Apr 2020 14:39
Yes that’s if you believe the SP stays at this level and so is the OP!
Cash in the bank is well above to cover debts not due immediately, and further growth expansions Which obviously needed to restart sooner than later to convince the market Gkp plans are on course,otherwise if no dividends and no growth then the market will likely to feel jittery and knock the SP further down as it confirms their fears...
Sentiment and future investment growth and paying dividends which Gkp can afford will be a big push for SP forwards....
current SP is knocked down due to fears of no improvement in EPS and drilling has been stopped so no prospects of growth!
Of course just imo...
The good sign today is announcing the results this Thursday and not worried about the current market and oil turmoils which probably indicates good news on the way...
ATB