Long Run Explor Ltd Ord WFREF

dividend

[aaaaaargh]

Shouldn't they try actually making 40 cents a year in profit before they pay a divvy of 40 cents a year??? Very bad move, they are already going further and further in debt every quarter to get some kind of growth. Are they going to borrow the money to pay out a dividend as well ? There will also now be ZERO growth in the company and thereby, the share price as well. The dividend is all you are going to get. I agree with others, debt should be brought down, way before a dividend is paid.

[stockwatcher248]

why don't you look at the financials before you make an idiotic statement like that....they made 50c cash flow per share in the 3Q and have made $1.38 cash flow per share for the 9 months...how can they not afford a 40c a yr dividend????

[aaaaaargh]

It's funny that you think that I am an idiot, when you think that cash flow and profit are the same thing. There clearly is a difference. That is why one is called "cash flow" and the other one is called "profit". Clearly, I know what you are trying to say, but I definitely did not say anything incorrectly. Off the credential site, it shows 2011 eps of -.83, 2012 eps of

[jodietoadie]

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