TSX:REI.UN - Post by User
Comment by
OptsyEagleon Feb 09, 2010 12:28pm
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Post# 16767083
RE: Just bought more
RE: Just bought moreYou might want to wait a few months to determine who should be thanking who. Riocan has not earned its dividend in 5 or 6 quarters now and their debts levels are starting to get extended.
How long do you think it will be before some nice intentioned bank tells Riocan that the only way they will lend it anymore money is if they cut their dividend? My next question is, what do you think would happen to this over-loved, bell weather, blue chip status investment, if they even hinted that they might cut it's dividend. Can you say UGLY.