OTCQX:HBORF - Post by User
Comment by
889900on Feb 13, 2019 1:56pm
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Post# 29359450
RE:Interesting deal...
RE:Interesting deal...The math is starting to make sense on the stock dividends!
Assuming we collect on all 3 dividends, we get about an extra 22.22 shares per thousand ( 14.14 A's, 3.63 B's, and 4.44 C's) after split, to be added to the approximate 23.89 per thousand we get there wshould be about 46.14 shares per thousand approximately.
Based on closing share price of 0.165 cents, without dividends we would need share price of $6.90 to break even with closing value ( $0.165 x 41.86 split).
Add in the dividends, and the break even price drops down from 0.165 per share to 0.086 per share making break even approximately $3.60 a share ($0.086x 41.86 split)
This being said, most paid alot more for their shares, up to 50 cents a share according to the annual high, and they might have a tough time staying above water on this deal!