Pike River tragedy happened because of the Labour Dept according to you so it figures you will think NZO sp is low because of international conspiracy.
Nothing to do with dry wells, gross mismanagement and fat cats of course.
Printable View
Balance you forget Kupe & Tui and the fact that a divvy has been aid for last 5 years at least; so your 25 years statement is a bit inaccurate I think?
Balance - you might be right about sp but you can't ignore the dividends, they are real, I know I've been getting them in my bank account for a while!
Kupe & Tui - significant in my opinion.
To give NZO their due credit, they are one of a handful of Aust and NZ oilies that have paid fairly regular dividends in recent years - and probably the smallest of those companies that have managed to do so. Most such companies plough any revenues into the drill in the hope of finding a bonanza - and sooner or later fade from the scene or get taken over. I don't hold NZO, never have, but if I did I wouldn't be looking for a regular dividend income from them.