OTCPK:VGIPF - Post by User
Post by
tinman8on Apr 09, 2013 1:04pm
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Post# 21231896
Cut the dividend
Cut the dividendI hope management cut the dividend sooner rther than later.If they cut now the SP will fall a little further BRIEFLY before staging a strong rally as the market regains confidence with the clarity and perceived ability to meet capex, debt reduction and sustain a new dividend level.My fear is that instead they will try to muddle through for a couple months while theSP continues to slide.JMHO of course - but if a cut comes I'm a buyer again>