GREY:SGLRF - Post by User
Comment by
Kingscourton Apr 12, 2013 9:55am
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Post# 21246031
RE: RE: RE: RE: the div
RE: RE: RE: RE: the div Tris, you can believe that if you wish. IMO This is management trying to pass blame to nova and other no voters, as to not look incompetent. We both know a one month delay would not have significantly impacted the dividend. The three companies should have been hedging on their own anyway. Either you can afford it or you can't. I still have my reservations about it, but I don't believe any AvenEx shareholders would have voted for the merger if there was to be no dividend. I stated this many times in some of my earliest posts on the AvenEx board. The dividend cut was a result of common sense and nothing more. To be honest, I was expecting a bigger cut. Only time will tell.