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Bullboard - Stock Discussion Forum
Glentel Inc
GLNIF
Communication Services
Telecom Services
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Bullboard (GREY:GLNIF)
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segltech
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Comment by
segltech
on May 28, 2011 11:40pm
RE: RE: RE: RE: RE: RE: Volume goes up since SPLIT
Don't forget that management owns over 50% of the shares and they love to receive as much in dividends as the cash flow allows as they do not sell their shares.
(4)
•••
m1ax
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Comment by
m1ax
on May 27, 2011 2:09pm
RE: RE: RE: RE: RE: Volume goes up since SPLIT!
Well, in 15 years I have seen many splits and many special dividends. Believe me, they're fun to receive and very rewarding.
Fokus Publishes Very Positive Gold Price Sensitivity Results on Initial Resource Estimate
posted Jul 05, 2024 9:00am by
Fokus Mining Corp
-
|
Jean Rainville, President and CEO, commented: "When we decided to option and subsequently acquire the Galloway project, we were convinced that the western part of the property alone contained several million ounces of gold. The question was how many of those ounces would eventually qualify as resources and what would be the price of gold in the future." ...read more
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PRObono
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Comment by
PRObono
on May 27, 2011 1:48pm
RE: RE: RE: RE: Volume goes up since SPLIT!
You're right, I've never had a stock split on me, thanx for clearing that up, in that case the bonus should be at least 20 cents or more, it could even be 30 cents.PRObono
(4)
•••
m1ax
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Comment by
m1ax
on May 27, 2011 12:51pm
RE: RE: RE: Volume goes up since SPLIT!
I am afraid that it won't happen my friend. I can assure you that you will receive half the dividend of 14.75 cents, which will be 7.375 cents per share. That's simply the way it works. And
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PRObono
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Comment by
PRObono
on May 27, 2011 11:27am
RE: RE: Volume goes up since SPLIT!
Yes you might be right in a normal split with a normal company but this is Glentel, I beleive they will continue to give 14.75 cents per share going forward even with double the shares. I also
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(4)
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m1ax
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Comment by
m1ax
on May 27, 2011 10:41am
RE: Volume goes up since SPLIT!
GLN is a great stock, but the yield has not doubled because of the split. You have divided the dividend by two now that the split has been completed. Also, the volume has doubled because there is
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PRObono
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Post by
PRObono
on May 27, 2011 9:04am
Volume goes up since SPLIT!
Notice how the volume has shot up since the split! The big guys are loading up on Glentel shares for two reasons. The yield has doubled because of the split, it is now 3.65% (.75 cents
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sposch
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Post by
sposch
on May 09, 2011 1:29pm
News
https://www.newswire.ca/en/releases/archive/May2011/09/c2513.html Split approved and another $.04/share added to Q1 numbers after an accounting adjustment. Now if we could put the business division
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