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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D



TSX:CUS.DB.D - Post by User

Comment by amugsgameon May 09, 2014 9:17pm
413 Views
Post# 22546561

RE:divvy reduction

RE:divvy reductionYes the return looks good on paper but at over 350% payout ratio the piper has to be paid at the end of the day so for the next "?" quarters CUS either keeps digging into debt , issues more shares or cuts the dividend. All options will have a negative effect on the SP while waiting for the turn around appear. Not bashing here - just being a realist and wanting to protect my capital 
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