EXPM:EGRGF - Post by User
Comment by
RichardBoodrowon May 01, 2014 4:42pm
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Post# 22514687
RE:AET Shadow
RE:AET ShadowSukhi19........ I disagree with you. Any reduction in the distribution would have to be explained and refute today's announcement. Mangement's credibility would be destroyed and the SP would be hammered just like AET.UN. The big difference between the two are (1) All the bank analysts lowered significantly AET's target price questioning AET's viability at the then present distribution price. (2) Even after the analyst's downgrade, initially, AET came out insisting they were going to maintain the distribution level for the remainder of the year just weeks before they reversed the decision with the CEO resigning. I therefore maintain that the analysts comments following first quarter results will play a huge role in determing which way the SP will head. GLTA