RE: Dividends is someone having laugh?17 Feb 2022 08:49
Somm I think your summary is valid in the context of the information pis have had from Carver over the last 9 years. Personally I think since the discovery at A5 CASP directors have had one objective and that is to ensure that when they turn the taps on they have the biggest share possible of the profits. Carver has played a blinder in appearing to be useless...when in infact he's mange to oversee the removal of royalty payments, the sale of Galaz, the Baverstock merger, the rigs for equity, the boat for equity, 3AB for equity and now debt for equity. All this whilst managing to bring the SP down from 27p to where it is now. IMO the concert parties are fully aware that they can flow the deeps, rent the boat and sell 3AB...further Cap-ex will be minimal and revenues generated will be huge IMO. Dividends won't slow development. More matched trades this morning, someone is doing their best to hold the SP in range before 9th March meeting