OTCPK:VGIPF - Post by User
Comment by
Dove33on May 13, 2013 2:11pm
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Post# 21386242
RE: WHAT WE NEED HERE
RE: WHAT WE NEED HERE No, it is a sound, smart business decision from the B of D. One that stays in line with the present direction of Dividend and Growth.
If Dynamic Equity owns +17M shares and the dividend is removed.....you can bet that their 17 M shares will be automatically be sold as well as many others and the share price will fall like a rock again. I hope the new Directors make the right decision and based on their experience..... I feel better about the outcome than in the previous months. It will be a very long time before we see anything close to a $2 share price but it is supposed to be a dividend stock - so who cares ( for the time being!)
I don't know if Dynamic Equity knows something or is just taking the gamble....but I will stickj with their thoughts...........for now.