OTCPK:VGIPF - Post by User
Comment by
tinman8on May 22, 2013 1:50pm
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Post# 21427397
RE: RE: RE: Analyst Comment
RE: RE: RE: Analyst CommentSorry but have to disagree with your assumption that n elimination of the divi would result in a decline in the SP.Sure income and yeild funds would be sellers BUT there would be plenty of growth investors that would jump in.Remember the SP was much higher when rpl was a growth fund prior to its change to the divi model.With its assets it would be a steal at current share price and would have the ability to whittle debt down to acceptable levels quickly - say in 2 or 3 years AND increase capex and production. I'd certainly uy more.>