4LEX
Well-known member
I’ve never understood how companies can take out massive loans to pay share dividends. If the company isn’t making a profit = no dividends. But if it doesn’t pay its shareholders their dividend, the share price drops.
It’s a house of cards with artificially high company values. If Thames Water is renationalised to stop it going under, and to protect the stock exchange, it’ll be at an inflated price back to the shareholders. Fat cat directors need jailing for the level of mismanagement.
I'll be careful with what I say for legal reasons but it's a disgrace. I think in the long run it would be better to take it back into public ownership.
I think the regulators also need jailing.