Geo Energy Resources - High Dividend Stock, Worth Buying?

$GEO ENERGY RESOURCES LIMITED(RE4.SI)$  has issued dividend of $0.04 per share just last month and subsequently another dividend of $0.005 per share this month. Purely these two months alone, the dividends are already almost 20% of its current share price (as of this time, it is $0.255)! Is a high dividend stock always worth buying?

Looking at its financials, it seems that the financial performance in the latest quarter is materially more underperforming than its previous quarters. With nations adopting clean energy and ESG being the key focus of most corporations, there might be a chance that coal demand will drop further.

Buying this stock will be a gamble rather than an investment on its fundamental - high risk, high reward (in terms of upwards price adjustments and attractive dividends). For me, I will err on the safer side and not buy in the speculation. Will rather buy companies like $Tesla Motors(TSLA)$  which is aligned to the current maket trend.

What are your thoughts on $GEO ENERGY RESOURCES LIMITED(RE4.SI)$  ? Will you buy it?