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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by Throwitinaholeon Nov 06, 2013 9:20am
271 Views
Post# 21880380

RE:RE:A dividend cut... coming soon???

RE:RE:A dividend cut... coming soon???A dividend cut is most definitely priced in. What's happening here are the dividend investors will leave the stock...but I don't believe so because the dividend will still be at least 7%. We will see value investors joining into the stock as the balance sheet issue get worked out, while maintaining a healthy looking dividend. We should see a pop up in sp if it is cut as new minds will be entering the trade.
Bullboard Posts