GREY:SGLRF - Post by User
Comment by
Kingscourton Apr 12, 2013 8:05am
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Post# 21245427
RE: RE: the div
RE: RE: the div Tris, the dividend reduction had absolutely nothing to do with Nova or the delay. It has everything to do with large debt loads and poor earnings. The dividend was cut so they could implement a debt repayment plan at the cost of $1m a month. I'm sure this was advised by the big boys when management was trying to secure their yes vote.