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Un, when are the H2s usually released?
Incidentally don't think SP will totally rocket solely on divi declaration, but recent losses surely recovered hopefully
Further, my amount of posts recently is unusual, on holiday this week, you guys will be pleased to know I don't generally use the keyboard so much
Also somm, in addition to your calculations...
RNS on 22nd June talks of 'positive distributable reserves', I dislike being repetitive but we really don't know how much that totals...
CASP have made efforts to enable dividends to be paid (High Court etc) and made repeated assertions to that effect
Have researched others who are far more vague in hinting they will make returns and have numerous caveats attatched, only to fail...but CASP seems serious and focused on divi policy
All imho
Thanks CC, very informative
For me investing in CASP is dependant on credibility, I only hold 50k shares currently, only a toe in the water, but with means to dive in - you seem pretty certain that divis are on the way fairly imminently, but its not just about the returns, as that would also signal that raises would be a thing of the past. And therefore any investment safe from dilution.
The feeling seems to be that July is too early for divis, although CASP have not ruled it out - July IS 'later' after all, but I'm prepared to wait if it should be more prudent
Stu
Share price has doubled in 6 weeks (from an undeserved low, admittedly) so maybe some prospective buyers wondering if this is some sort of spike, and holding off - don't think it is personally.
Would only be guesswork on my part to predict daily SP movement, I think anything of significance will be news driven imho
Plenty of news coming this week, and all good
Stu
Thanks CC
With a bit of compounding, the returns would be difficult to beat
I also read that if the 'urals' oil CASP produces can be renamed, then a higher return can be expected - I'm sure it stated that Russian oil carries that name too, so its attracting a lesser price curently - anyone else seen this, is that credible?
Stu