RE:RE:RE:RE:RE:RE:RE:Stock price after a dividend cut?
By virtue of not cutting the dividend the sp will resolve itself. Funds want a great yield and many retail will also. Stock is at a multi year low. Hasnt been this low from before th 2008 market correction. 110 million of 153 million shares have traded since the announcement on May 11th.. Also management doesn't care who owns the shares.. so your logic is cut dividend to deny new owners future dividends? Anyhow just because you want it to happen doesn't mean it will. Fact is cash flow shouldn't be a problem for this year, next year or the year after. -Uber