Vermilion Energy Inc T.VET

Repeat of nonsense dividends

[Crudeoil69]

Back years ago when people on here kept saying that vet would have to kill its dividend because it wasnt sustainable for the survival of the company and showed poor leadership to continue instead of paying off debt I thought by looking at the numbers that you didnt have to be to bright to agree with them.They turned out to be bang on.Now here we go again just when the company is getting on its feet again that announce same nonsense dividends instead of getting rid of the debt that could ultimately take them to zero if oil retreats again .That's why the stock dropped 15% because non idiots see the nonsense back just when the company had some momentum.

[Crudeoil69]

Vet has made some good decisions with acquisitions at the expense of other idiots who allowed their debt to put them in positions where they accepted takeovers at low share prices with the shareholders left holding the bag but dont seem to apply same reasoning to themselves.Im surprised vet never got took over when they were 3-4 bucks and hung their shareholders out to dry leading me to believe

[Teetime]

There is no dividend.  I read on the earnings report that they may condier re-introducing a dividend in the future.  They are making money and a dividend would increase their share price.  I think they would do well to introduce a dividend in the 5% area, just not super high like it was previously.

[clamlinguine]

I'm ok with the small divy they are proposing. Pay debt, buy back stock, pay dividend. That is all. 

[lashing]

Another  trying to look smart ... and falling on his sword

[Crudeoil69]

HA HA,How Trying to look smart isn't a big ambition for people who lose money owning stock while the management still makes millions a year even when the stock is 3 bucks lol but I am smart enough to know that anyone hanging on to a bullboard like a buck tooth crab to reassure themselves everyone who has got burnt before is a idiot probably should look in the mirror once in awhile or try to