OTCPK:MAUXF - Post by User
Comment by
sgandzaon Dec 20, 2013 11:41am
421 Views
Post# 22026820
RE:Dividend NOT paid from borrowings
RE:Dividend NOT paid from borrowingsIt's not about P&L for the dividend, it's about cashflow. Since the dividend is eating up almost 100% of cashflow - it means they are borrowing to run the day-to-day operations. However you look at it they are borrowing as a result of the dividend.