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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > RE:RE: dividend question
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Post by bobby1231 on Aug 20, 2012 12:18pm

RE:RE: dividend question

I was hoping for news on divvy this week and paid september 31 2012 but things don't always go the way most of us want.
Comment by joelou on Aug 20, 2012 12:22pm
Don't you worry, we'll see the news and yes, your divvy will be paid in September ... cheers...JL
Comment by oullins on Aug 20, 2012 1:02pm
Bobby,   Most paying dividend companies announce their dividend schedule at the same time they announce their quarter.  I do not recall Mart saying or for that matter anybody saying that a dividend announcement would be made one week prior to the quarterly report.  Let set the expectation right so we do not fall back on the old way of taking our desire for a company commitment.
Comment by stockpeeker on Aug 20, 2012 2:13pm
Slight drop this afternoon makes me think that the July update is about to show the avg daily flow rate (net to Mart) was a little low.  
Comment by stockpeeker on Aug 20, 2012 2:17pm
... or somebody just lightened up to reduce over-concentration in MMT and mitigate risk.   ... or somebody just wanted to take some profits to deploy elsewhere ...   ... or they've  already got too much dividend income for the year ...   ... or any number of other things that could make someone decide to sell some shares ...
Comment by b4545 on Aug 20, 2012 2:19pm
would that not infer insider trading? a definet no no
Comment by redwings6 on Aug 20, 2012 3:21pm
OR someone who hasn't done enough DD. Lots of news on the horizon, just have to be patient. There is resistence at 1.8 so it may get bumpy but support is at 1.7, this is gonna be fun
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