RE: That's another 100,000 shares8 Dec 2022 20:50
Correct, no mention of regular dividends but with the Eric Nuttall formula, share buy backs an dividends successfully grow a share price.
With the revenues Union Jack will be banking, and providing all continues to go well, I would expect more dividends, besides, David can not just sit on the money an profits. Of course he has to be prudent to ensure the company has money for unforeseen circumstances which is sensible, but the rate he will be banking in 2023/24/25... I want to be rewarded for my belief an commitment in his company an I see oil an gas being a generational opportunity with undervalued oilers seeing re rates.