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Renegade Petroleum Ltd V.RPL



TSXV:RPL - Post by User

Comment by powermanon Mar 31, 2014 9:30pm
283 Views
Post# 22393021

RE:RE:RE:RE:RE:RE:RE:RE:As RPL previously guaranteed the dividend be, then I suppose

RE:RE:RE:RE:RE:RE:RE:RE:As RPL previously guaranteed the dividend be, then I supposeWell I am just retail investor that reads the information that comes out from the man. In this case, the "Combined Company" of Alexanders and Renegade which is Spartan (SPE) to be led by the existing management team of Alxander on or about March 31st, 2014. Today.

Unless Renegade has promised a March dividend since February 11, 2014 then I would not be looking for a dividend on my statments. Alexander or Spartan shareholders should not look for one either. Wouldn't that be something for SPE shareholders to see some of the combined cash go to Renegade shareholders when it is not part of the February 11, 2014 agreement. Now that woud take some explaining. I for one would not sit around and complain on this board, I would sell and be gone.

And, my expectation is that dividends are paid from earnings. Never mind broke, where are the earnings. Show me the money. Share price of Renegade was going down because the earnings were not there and growth was not there. Spartan is taking the combined potential in a different direction and hopefully they can make a growth company out of these excellent resources.      DF
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