RE:So boyz the rumor of divi cut is similar toWith this company, it is just one financial gimmick after another. Dividend, then takeout attempt by the founders, then dividend increase, then share buyback, and now a reverse split.
No mention of this reverse split during the CC on Friday. No press release. No framing it with the concept of moving to a bigger exchange- which makes huge sense. No, instead of taking the opportunity to spin this in a positive light, we get a stealth announcment in SEDAR with no rationale. Instead of seizing opportunity, it reeks of desperation.
Amateur hour. I've about had it with this one.