RE:my dividend was reinvest @7.29 WOW!!! Hey Moermoney
I also was in at 7.27. I was a bit surprised as well. I did a quick calculation and it's nice to see all the little surprises that come with the divvy increase. So with the latest run up we obviously at the old divvy rate received a lot less shares . With the increase though I would actually be getting more than I was receiving when the price was down , and then the best part is I do the math on how much my money increases every dividend , and it's super awesome.
I also did a bit of quick math on what the aura price would have to go to for us to get the same amount of Shares we just received with the new divvy. So at 10.25 with the increased dividend I would net approx the same amount of shares I received with the old dividend this past month.
Then I did the math again and did the perameters at 10.25 share price but put the divvy to 3 cents It once again comes in around the same as the amount we will get with the mew divvy today with today's share price
I am a nerd with this stuff and I am mot even a sneer nerd so I could have my head up my !! I not only see 10.25 coming in the future . I also see 3 cents a share as the next logical increase
I here the most conservative view points saying the next few quarters are going to be the same , with the other more bullish side saying 2 to 3 year bull run
When is the last time the skeptics said we would have a few good quarters , and this would take us to 3 cents divvy IMHO
I would like to see whitecap by up these 26 Million more shares now . If it's 5 percent NCIB They haven't bought a tonne yet ? 5 percent of 640 M approx is 32 M
So 6 M shares bought possibly. I am no expert on NCIB. I actually thought it was 10 percent until recently and I am not even sure about what I am typing here.
All good I know someone will help me out here
also is the dividend repurchase the average of the three previous trading days close ?
Would love some clarity from the board here.
C