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Carcetti Capital Corp V.CART.H

Alternate Symbol(s):  TPNEF

Carcetti Capital Corp. is a Canada-based company. The Company operates through the oil and gas industry segment. It is focused on seeking a new business opportunity.


TSXV:CART.H - Post by User

Comment by JustforFun7on Nov 09, 2022 12:57pm
92 Views
Post# 35085760

RE:Dividend cut day???

RE:Dividend cut day???They are not giving you something for nothing. 

They can reduce the numer of shares outstanding: it is still the same company. You'll have less shares but they will be worth more per share. Overall value of the shares outstanding  shd still be the same.

They can change the name of the company: it is still the same company.  

They can issue a special divident to shareholders as of a certain date with the approval of majority of shareholders. If the  dividend is paid, the shares immediately lose a similar amount of value as the dividend paid out.  You don't get someting for nothing. 

JFF7. 
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