RE: RE: - Cut the Divvy + Sell Assets o repeat - BUYERS MARKET for assets now,
The asset purchase IS the CORE problem and too bad its a buyers market the priority is to sell at a loss! Hard lesson learned.
Unless you crawled out from under a rock yesterday and bought shares very few of us I suspect are getting 18%, Im getting about 8 myself. So a 50% div cut puts me to 4% not 9%.
I get the sense many are frustrated they didn't wait longer to buy and want this opportunity loophole eliminated for others ,I note healthy trading volumes and interest to this day.
If RPL were to announce Monday the div safe for the next 12 months and will look to asset sales and other short term financing alternatives (Cresent Point Style) the share price would close Monday at $2.00 and with luck back to $2.50 by end of week as the overhanging doubt will be removed and the div hunters roar in, you would then be happy the yield would be trimmed by 50% as the share price has doubled!
Your problem is solved.