OTCPK:VGIPF - Post by User
Post by
zeus55on Jun 07, 2013 7:43pm
138 Views
Post# 21499676
20% dividend
20% dividend What is the point of having a 20% dividend that evryone knows is not sustainable?
How many stupid managements have to learn the same lesson, that no one is fooled by their stubborn refusal to face reality?
We now know that management either didn't know what they were doing, or intentionally set the dividend far too high. But at this point, it doesn't really matter. Just get the dividend down to a level where the company doesn't have to borrow money to pay it. Then get back to business and get this company back on track.
If I ran my business like this, I would be ashamed.