Quote Originally Posted by beetills View Post
Not a large holder but happy all the same.An increase in dividend would be great,however they seem to be over cautious in that regard.
Cautious? I would say stingy and measly. Anything, it seems, to keep the share price down:

* Divvy only once a year.
* A miserly dividend at that given their free cashflow position.
* Not paying out significant imputation credits and possibly risking the shareholder continuity test (although I doubt it given the amount they control)
* Suppressed NZX trading liquidity with no action to remedy
* Breach of the NZX rules with no apparent action to remedy (which the independent directors should be jumping up and down about)
* The most minimal communication with shareholders


Disc:a long time holder still waiting (very) patiently.