GREY:AVNDF - Post by User
Post by
LTOWNERon Jan 13, 2012 9:31am
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Post# 19400162
RE A142 & NAE
RE A142 & NAE A142 - NAE is gassy and its stock price has already come down from $14.50 last year, a 50% decline - NAE's dividend decrease was feared and already built into the price.
Still the gas side of AVF may dampen investor enthusiasm in the short term. Avenex' payout rate is reasonable and I do not believe their dividend is in any peril, but the company is not well followed and may well suffer with the rest of the energy industry if prices continue to decline.