GREY:AVNDF - Post by User
Comment by
linus4on Apr 10, 2012 12:51pm
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Post# 19776326
RE: RE: Lowered the dividend by 25%
RE: RE: Lowered the dividend by 25% AVR dumped dividend by about 23% & stock gets hit for 33% because management is now in the penalty box until they can show some progress to stop the bleeding..Don't know of any more bad news but mkt says there is something else out there..!If no announcement comes from management comes out to explain if any additional problems are known,we should see bottoming this wk..They seem to have the payout ratio in line which should protect the dividend.