Target ranges to address dividend amount While they offered a small point for the freeze they left themselves a chasm for adjusting it by stating when the target ranges are met?
if you say that you have to give investors what those targets are and what your doing to get there. Fast forward 12 months they can say the target ranges are not met yet and who's to know if they were or not.
Anyone investing in oilcos know full well the dividend and share buybacks,special dividends are based on debt levels and commodity price. None of this clarity was offered today, unless I missed something.
Bibic is a master of corporate speak and this was a prime example , he states bell is a customer friendly company but looks like investors are not seen in the same light. How about a Let's Talk Week for investors.