OTCPK:MAUXF - Post by User
Comment by
vestor111on Jun 04, 2014 8:21am
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Post# 22627912
RE:A question to Oullins...
RE:A question to Oullins...Your numbers look right but I think you are missing the point. By offering the DRIP, MMT would allow owners to plow money back into the company at a 5% discount to market. This could potentiallly reduce the need for a larger PP which could be at a greater discount to market and more dilutive as a consequence.
Offering the DRIP appears an interesting means to recycle some of the divs back into the company thereby reducing the need to raise externally and may allow investors to defer taxes by plowing their divs back in under the DRIP structure.