Australian (ASX) Stock Market Forum

Reply to thread

I am very disappointed in the performance of this company and it's new CEO.  Has anyone noticed that since his departure from Wesfarmers to Iluka, the performace of this share has gone from around a $7 share to $4 - 4.50.  Half year results are now out, and OK, have been knocked by the exchange rate.  (Now there's a story in there too, why are mineral sands so dependant on the dead US$?) SO now we suffering shareholders are being told that there is no interim dividend.  I honestly cannot remember the last time Iluka (or Westralian Sands) did not pay a dividend.  All I can say is, poor performance Mr Robb.


Top