RE: Newcrest29 Aug 2022 13:37
LA & Ben, hey, LA thanks for your post re NCM finance.
One question in my mind is, NCM need all the cash in hand to secure their future especially in their current financial predicament, as demonstrated in the latest annual accounts: i.e. "in a lot of turmoil for sure", especially looking at the accounts that are mainly Negative to say the least.
I remember many members here saying they would prefer to keep their company in more of a positive liquidity rather than taking additional higher dividends, so I ask why do NCM members prefer to increase dividends at a time when they should IMHO say, let their compony postpone dividends to help their company into a more positive position. Why grab at monies from the hand that feeds you putting them into more financial difficulties. ?????? Just do not understand it.
Hope all have a good B/H Monday and enjoy the Sunshine :-))))
Hope many are watching the Moon launch happening now, but a bit of a tec glip so maybe a bit later. Its gonna be GREAT.
ATB GGPERS
Tom :-)