RE:RE:RE:RE:RE:Great post from Leanne on Energy Stocks IVJusthalffull wrote: T.ITE. 706,000,000 shares and warrants outstanding. How big do you think that divy is going to be. 1 cent will cost them $7,000,000 a quarter. And it is only supposed to be 30% of cash flow.
I think about $2 million for first maiden divident, that woud be bit less than 2% first payout of
whatever you hold in shares. Not sure how much is that per share.
They hedging about $60K per day for dividents.
Not sure if they gona do that montly or quarterly. If they do it monthly, it would be over 20% per year. Quarterly, that woud be about 8%
This is Just my estimation, somebody might know better about it. .
They would need to to some consolidation in Canada. In London UK. the share is 9 UK Pounds.