RE:RE:A Once Cent DividendBut dividends are not free. When you are paid a dividend, your common shares lose book value by the same amount.
I greatly prefer a share buyback for AFM, a large one, say 10% per year for five years. Dividends or a share consolidation would be neutral for shareholders, but a substantive buyback would deliver value (and increase potential for future value) by undoing the dilution problem. And it -IS- a problem.
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GoldenIdle wrote:
A penny divvy is a start ! It sends a signal to the market that this mine is throwing off cash , and everyone likes free $$$$ . There is more than enough $$$ to fund exploration, expansion , whatever they like .