GREY:PEYTF - Post by User
Post by
iamanewageron Nov 16, 2012 1:29pm
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Post# 20610737
Am I crazy for dipping in yet again....
Am I crazy for dipping in yet again.... Ok, here is how I see it (as you will see I use the KISS method of analysis).
If I assume the worst case scenario for the Div is 50% cut AND I am not concerned about share price for the next 12 months, am I not guaranteed at least 12.5 % divvy... isn't this a safe divvy level baring complete collapse of markets or major extraction/delivery problems... anyway I am into it again at 3.81... If they can manage to keep paying at least .04 a month until this reserve runs dry I will be overjoyed (regardless of share price) ... am I crazy? or do I not fully understand the risks to even greater divvy cuts....?