EXPM:EGRGF - Post by User
Comment by
BenderRodriguezon Mar 08, 2017 6:14pm
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Post# 25953971
RE:RE:RE:Thoughts?
RE:RE:RE:Thoughts?whodathunkit wrote: philippechampy wrote: everything relies on the divy. If banks agree with an increase, the stock will jump. As divy + capex is 55% of FFO, there is room for.
If I was management I'd be thinking that the market has come to grips the current divy and therefore the money would be better put to use either drilling another hole or paying down debt. Don't get me wrong, I'd love a larger dividend but it just doesn't seem prudent to me to do so at this time. I'd rather they strengthen themselves for the on going fight.
Cheers.
I say once the bank removes the $0.005 restriction, double the dividend to $0.01, which should (in theory) have a similar effect on the share price (over time).
Then throw whatever cash flow is left over at the debt.