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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Post by aaaaaarghon Nov 07, 2013 5:47pm
322 Views
Post# 21886656

dividend

dividend
Shouldn't they try actually making 40 cents a year in profit before they pay a divvy of 40 cents a year??? Very bad move, they are already going further and further in debt every quarter to get some kind of growth. Are they going to borrow the money to pay out a dividend as well ? There will also now be ZERO growth in the company and thereby, the share price as well. The dividend is all you are going to get. I agree with others, debt should be brought down, way before a dividend is paid.
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