Forum Archive Index - November 2001
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[sharechat] InvestorInfo Returns $6.2 Million in Capital (16c now) to give 12c div
InvestorInfo Returns $6.2 Million in Capital
By Ben Schneiders, 05 Nov 2001
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Financial services information provider InvestorInfo Limited (INV) has
announced that shareholders have agreed to its decision to return 12 cents a
share, or $6.2 million, to shareholders following its failure to find suitable
and profitable acquisitions.
INV also announced a plan for expansion through the development of existing
information services and the launch of new integrated marketing packages for
advertising clients. INV recorded earnings before interest and tax (EBIT) of
$123,625 for the September quarter, a 65% increase on EBIT for the 12 months to
June 30, 2001.
Shares in INV are trading at 16 cents, down one cent or 5.8%
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