RE:Dividend this YearHP, curious, if you see NVA minimum doubling by August to $4.00, where do you see POU by August, also a double, or not as much as NVA?
MyHoneyPot wrote:
Really i do not believe POU has much interest in NVA, and it would simply distract POU from its list of high netback play opportunities.
However my take on it is that NVA will double by August this year, and you are likely looking at a 4.50 share price.
That will create a problem for POU, how do you get rid of 180 million dollars worth of a competitors stock.
A divided of $1.50 will be available for every POU shareholder or rougly 1/3 a share of NVA. Its a great way to pay shareholders off.
How does that compare with other oil and gas companies, 6X the dividend paid by ARC or 3X the dividend paid by TOU.
If you happy with a Five percent dividend you will need to get the stock to 30 dollars.
NVA share will be in the hands of POU shareholders, and for every 3 shares of POU you own, you also own one share of NVA.
IMHO