Does anyone have a clue as to why IPA (Indigo Pacific) has not made an upward move since they declared their first dividend (November 30th)? I am new to investing in shares and am unsure if this is the time to buy more or just hold?
Does anyone have any info on why IP has not paid the final installment of the 07/08 dividend which was due in May.
Sound investment practices call for selling off shares in any company which fails to pay a dividend, but before doing that, I need to find out if the dividend has merely been delayed.