RE: RE: This explains the sell down interesting - are you suggesting the dividend will be cut further from the current $0.30 annually (or $0.075 quarterly) - to $0.05 quarterly ($0.20 annually)? If the current price action is any indication what happens with an unexpected dividend cut - management would be committing suicide by announcing yet another (unnecessary) dividend cut....didn't quite understand your comment.
If the price hits $1.50 - at the current $0.075 quarterly - that is a 20% yield.