NZ Oil & Gas (NZO)

**tim23** · 20-02-2016, 10:59 AM

Anyone know result date?

**King1212** · 22-02-2016, 09:51 PM

23rd feb, result is due

**Sideshow Bob** · 23-02-2016, 02:24 PM

Originally Posted by King1212

23rd feb, result is due

Nothing so far.....

**King1212** · 23-02-2016, 04:30 PM

Originally Posted by Sideshow Bob

Nothing so far.....

on NZherald
Attachment 7902

**tim23** · 26-02-2016, 06:58 PM

Company advised me result due 29 February

**trader_jackson** · 26-02-2016, 09:57 PM

lol one of the last days, if not that last day they are legally allowed to report (60 days isn't it?)

Wouldn't it be nice if they gave us all a much deserved dividend present... Forsyth believes they have the imputation (100%) to do it..

**digger** · 26-02-2016, 11:54 PM

Originally Posted by trader_jackson

lol one of the last days, if not that last day they are legally allowed to report (60 days isn't it?)

Wouldn't it be nice if they gave us all a much deserved dividend present... Forsyth believes they have the imputation (100%) to do it..

I do not want one. Would not a well researched acquisition be much better. This is the age to buy into a company and know exactaly what you are getting . Called drilling on wall street. If I lived another 100 years I am sure you will never see thees opportunity again. You can always have a dividend,but to spend the money on a dividend in this time of acquisition opportunity would be wrong sighted.

**Balance** · 26-02-2016, 11:57 PM

Originally Posted by digger

I do not want one. Would not a well researched acquisition be much better. This is the age to buy into a company and know exactaly what you are getting . Called drilling on wall street. If I lived another 100 years I am sure you will never see thees opportunity again. You can always have a dividend,but to spend the money on a dividend in this time of acquisition opportunity would be wrong sighted.

You are assuming these guys know how to make good acquisitions.

**trader_jackson** · 27-02-2016, 07:37 AM

Originally Posted by Balance

You are assuming these guys know how to make good acquisitions.

Which as far as I'm concerned, they can't... all the talk around acquisitions when the fuel price was low in late 2008/early 2009 and they sat on their hands and did nothing. So I would rather have some dividend (ie payback) than see them sit on a pile of cash and ultimately talk talk talk, but do nothing (or even worse, continue to buy back shares and do "capital returns")