OTCPK:TNGZF - Post by User
Post by
epzon Aug 29, 2016 8:28pm
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Post# 25189138
Only mistake
Only mistakeThey should have a) not lied about a dividend cut and b) made it greater. I know they think they can earn a higher percent from royalties than they can get the money at but still their interest rates on senior debt will still be in the 9% range. Why not manage a risky business in a conservitive manner. If the dividend was 2 cents it would still be 5.5% and they would have 3.1 million to spend on new contracts in a year. They still managed to get 16% last Q which is still just ahead of Alaris.