Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

<< Previous
Bullboard Posts
Next >>
Post by JRParkeron Mar 02, 2015 11:09pm
173 Views
Post# 23482711

Repatriating cash

Repatriating cashIn the January press release they note that in 2014 they repaid $3 million USD in debt and interest. And now that the debt is repaid they note they expect they can repatriate all cashflows to Canada going forward if they choose to.  A portion of that (less than $1m) would fund the NCIB.  Do others think they are alluding to possibly a dividend in the press release? After seeing what a dividend announcement did for V.PTG today I can't help wonder what a 10 cent per share dividend would do to this stock. They could afford to pay that amount assuming they don't have other plans for the cashflow when the NCIB is done.
<< Previous
Bullboard Posts
Next >>