RE:RE:Interesting commentsI DO and DON'T at the same time understand why everyone wants these tremendous increases to dividends.
I mean, CJ already pays a div that is more than healthy when compared to any of its peers.
I could use a few more evey month - but I want it to be realistic. In the long term game, I want the company to be able to raise the div slightly and at the same time, stash cash away to ensure that divs can be covered even as oil moves down.
If we raise the div too much, and oil falls (everything falls eventually), the effect on the shareprices will be absolutely murder if the div si also lowered or cancelled. I would like to see that avoided.
There are quite a number of shares in MGMT hands that I think would liek to see that avoided as well.