This gas exploration and production company has a focus on Kazakhstan.
1st ever dividend pay out in December.
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Interesting to note, thanks for mentioning.
ex-dividend date 17/11/2022
pay date 16/12/2022
I’ve also seen that the the aim is for monthly dividends as well, there are a few people who have posted about monthly dividend payers. No further information has been stated about any future dividends other than that they have stated the intention though, so when that would start is unknown.
Link to RNS:
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I like to think this could an interesting ride with this stock. Hoping to double production next year.
More dividend payment dates announced.
Any one had a dividend payment?
Any news on the price jump today?
Monthly dividend and a rising price. Very nice.
It breaks through the 6p mark.
Holding above 7p
Well they have released some news recently, and starting paying dividends probably helps
They have won a tender offer to drill a well for the Istay Operating Company in Summer of 2024 which they have stated will be at least $150,000 a day (or possibly higher) for a period of 2 months.
They also appear to be having success with some of their current projects as posted in december
and more recently:
Thank that’s really helpfull. Do you think they will pay a dividend in March?
Dividend payments are never guaranteed so it is hard to say. There’s also a fair element of risk both economically and politically - it seems that the price they can sell oil at is somewhat affected by the Ukraine invasion,plus the prices of oil have decreased somewhat.
Regardless of whether they announce one for March, there is potential in the future.
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A dividend to be paid in March has now been announced, ex div date 02/03/2023, payment date 23/03/2023
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They announced good news and the price drops like a stone???
Partly likely due to the dividend being moved to quarterly, also people seemed to be wanting information about Deep Well 802 from back in Jan:
The charter news, while good news, was already known about, although it seems like they expect the amount to be higher - a net income of $15 million would be $250,000 over 2 months as opposed to the earlier figure of $150,000.
Plus it’s also an AIM stock with relatively low trading so rather volatile. A nearly 100% increase in share price in 2 months was a good time to take some profit though and put in something a bit less volatile.
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Yes i did took half out and have left the rest.