RE:Why isn't this stock trading higher than $0.70. Thats true frereusa, but we only know what we know, as in whats been released publicly... With this company, and with this sort of announcement, there are obviously many unknowns. Like for example , why are they hell bent on getting rid of the common shareholders, and locking us into high dividends. I would much prefer to be part of the future growth of this compamy which is obviously expected. Torrent and perhaps many others are also seeing what they see as a management grab of the potential richness which only they will be able to enjoy ...even more so. With my initial investment to purchase 95,000 shares it was literally my severance pay from my retirement. I looked forward to this becoming a great investment. Dont get me wrong, the dividend offer will pay me about $ 9000 a year forever I guess,...great ..but what I would prefer is to be part of the potential breakout, llike 3 , 4 or 5 dollars a share. We bought into this when no one else would. I beleive we deserve better. I would love to hear opposing arguements :
risky