OTCPK:VGIPF - Post by User
Comment by
tinman8on Mar 25, 2013 10:38am
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Post# 21162948
RE: RE: Is this a solution?
RE: RE: Is this a solution? Maybe I'm not re tarded after all funkshow33.
The company needs to act and act NOW to restore confidence.
Seems to me there are only 3 options to restore a degree of confidence in a market that severely punishes the slightest wiff of financial limitations in meeting obligations.
1 - a drip
2 - a prudent cut in the distribution.
3 - elimination of the dividend and return to a growth stock.
RPL in the long run has reasonable prospects but we are headed into the wrong season and I see no immediate catalysts - unless thjey go for one of the above options