RE:RE:Brownfields hound dogMustlovedogs01 wrote: ...as long as it doesn't stop buying its own stock!! Could be paying a dividend like no other that would make investors hold and buy, thus moving the stock up! NOPE...management should be fired! jmo
Well MLD, as I posted a couple of days ago, i own some Rio Tinto and their dividends for the past year, including their bonus payments came out to about 12% of current stock price (which is a really damn good number)! So what you're saying is not really true because Rio is trading at only 6.6 times earnings. KL is trading at about 13 times!