RE: RE: I can't believe the drop! IMO, your reasoning/ calculation there is inaccurate.
The company has already provided the revised guidance for the entire year of approx. $140m EBITDA, which represents EBITDA of $30M for 4th Q. Also, they are expecting flat Q to Q going forward based on the latest market condition. ie. going forward EBITDA /annum would be approx. $120M.
This number has already factoring the so call "margin squeeze" already. Using your 20-25% ROI (which I am not sure where you get this from), but okay, we get value of 480M - 600M (or $6- 7.5/share).
Dividend structure would remain intact- ie. 20% yield based o the share price of today.
Even if the dividends gets cut by half, yield is still 10%+ so not sure what all these bi_ching is about.
H