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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

Energy Oil & Gas E&P

GREY:AVNDF - Post Discussion

AvenEx Energy Corp > From the Horses mouth
View:
Post by Al42 on Apr 10, 2012 5:23pm

From the Horses mouth

There is no new news beyond the dividend reduction at the end of March. The market is selling all resource stocks but especially small stocks that have disappointed the market with a dividend cut. We continue to target a payout of 60% of cashflow which unfortunately meant a dividend cut with the low natural gas prices.

Gary Dundas

VP Fin + CFO

Comment by aandeel on Apr 10, 2012 6:05pm
it just fell of a clif.good luck
AvenEx Energy Corp
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