OTCPK:MGMXD - Post by User
Comment by
materialsgirlon Apr 20, 2015 8:33am
88 Views
Post# 23645528
RE:Dividend percent
RE:Dividend percentNewstock;
Thank you. I would just say that it would take a long long time for divi reinvestments to have a big impact but your point is totally valid.
My imigined future is that there is a 99% chance of a share consolodation and that the most likely ratio will be 1:10 (one share for 10 shares). This is the same as your idea.
AXY may now be in a place where conservative investors get a chance for a 200% gain within 4 or 5 years with only a tiny risk of losing. A lot of things would have to go wrong to have a 35¢ share price in 2020
Looking good
mat