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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Post by gibbonsjon Mar 20, 2014 10:05am
231 Views
Post# 22345622

Dividend

Dividend
I posted here back in 2012 that the dividend was instituted to support sp during a time when pipeline troubles were at their worst. Had it not been for the divi we could very well have been trading significantly below the $1 mark. The 9% pipeline loss reported for February indicates that situation may have improved. This is why I asked about it. If the divi is eliminated it would indicate Wade’s confidence going forward. If it is reduced it could indicate some sort of financial consideration.

Personally I would much prefer a sign of confidence than the divi.  This stock could be trading like BNK.

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