GREY:RMSSF - Post by User
Comment by
GBCon Sep 30, 2013 9:09pm
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Post# 21779855
RE:Phoenix energy and Dividends
RE:Phoenix energy and Dividends
I may be wrong, but i'm pretty sure "common shares" dont provide dividends.And PHX pays monthly dividends on their "preffered shares".
It will be a "Minimum" of $0.40/share at the time of conversion
I would expect a run before they convert...thats probably the best time to jump ship.
I wouldnt expect the EDR from RMS to result in much more share value to PHX. They are a directional drilling company.RMS's technology is a small enhancement.