Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All guessing and clinging on for dear life, you don’t know, we live in extraordinary times. Anything can happen with regard to dividends, I think that keeping cash in the bank and having a very strong cash position is better than handing it out. Don’t sacrifice the cow for food, milk it out first.
When I looked up Lloyds on lse I thought the narrative would be strong but fair, unfortunately I now realize that you have more than your fair share of low life and so on. Good luck everyone, I’ll be around and I’ll post less frequently, my input may have upset some of you, but I stand by my prediction for this share (20p). Perhaps I’m one of the above, in which case my apologies
How about if it goes to 18 and you laugh saying I bought too high at 20..... watch this space, I don’t have a crystal ball, just a plan, if that plan comes to fruition I’ll be in a good place for the future, you will be wondering why you didn’t sell at 33 and but at 20!
My gut instinct is the dividend will be cancelled. There is a strong business case to do so, the share price has tanked, it can go lower and it won’t affect how the business operates, handing out all the cash to shareholders would be foolish right now.