RE:RE:Idiots at Pembina...Pembina is raising the dividend by 1 cent to try to sell the deal.
They would have raised the dividend by a lot more later this year without it though.
NOw they need to pray that it gets built with no more cost overuns, it works properly and not dealys to starup or that 1 cent dividend increase will become a massive future cut.
They really are just rolling the dice.
The stock is down.
If it was a great deal the stock would be doing the opposite and I woudl be happy.
Now I am stuck waiting for a year to see if the plant can work.
No thanks.....
I am likely going to see if the stock can turn around and hit the exit button in the near future.
The stock market is full of idiot investors lately so maybe they will believe in this dream also....