GREY:BXEFF - Post by User
Comment by
brieferon Nov 24, 2012 10:06am
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Post# 20639295
RE: RE: Pinecrest Energy Inc. to Combine with Spar
RE: RE: Pinecrest Energy Inc. to Combine with Spar . It seems they all want to get in on offering dividends to shareholders knowing well thats where investors want to put their $$$$ these days.
Everything has its price. If you don't mind sacrificing growth for a divvy then its alright. However, most of these smaller companies would have great difficulty with capex & paying a divvy. Also if the well decline rates get away from management it could destroy a once promising comapny.
I would rather see BXE keep to its plan & only when the time is right & a divvy is sustainable start paying out.
Stay the course is my opinion !!