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Vero Energy Inc T.VRO



TSX:VRO - Post by User

Comment by filefishon Mar 31, 2012 6:56pm
370 Views
Post# 19743981

RE: ROC = DIV ??

RE: ROC = DIV ??

Its a return of capital, meaning you reduce your cost basis by .30/sh and then when shares are sold you will have a larger gain ( smaller loss) for tax purposes. I think VRO will be a good investment. These guys have proven that they know how to build production . You just need to watch how they keep their debt and cash flow in line. The lesson they have apparently learned is that they must use hedging as part of the overall financial strategy.  

 

  

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