The market has failed to spot that the miner reset its dividend policy
Thursday 11 Apr 2019 Author: Daniel Coatsworth
Central Asia Metals ( CAML:AIM ) 257.5p Gain to date: 8.9% Original entry point: Buy at 236.5p, 27 September 2018 Full year results from the metals miner showed positive earnings growth and a decent reduction in debt. However, the market focused on a 12% cut in the dividend to 14.5p, sending its shares down on the day. It is worth noting that Central Asia Metals changed its dividend policy...