OTCPK:VGIPF - Post by User
Comment by
zengambleron May 02, 2013 7:26am
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Post# 21328397
RE: Dividend issue
RE: Dividend issueIF...big IF... because I believe the new board has many more viable options available too them...but if they cut divy in half, causing a pop in sp to 2.00-2.25 we end up with a 5 percent yield...is this what will pacify the marke?t. At 5 percent i'd rather own the security of a bank ot telco. Taking alternative measures to increase confidence causing the exact same sp pop would leave us with a 9-11 percent yield, more in line with peers. Either way I'm personally in the money here large, but a divy cut accompanied by 30-40 percent short term sp drop would allow/turn this into a single stock multimillion freedom 35 retirment.plan. >