RE:I'm drippingA very astute shareholder has said that with HG, a lot of service costs were applied to phase one. Creating high costs and showing the bleak numbers.
The couple of sales in the last q showed significant profit.
As always, it makes little sense.
HG may turn out OK.
I believe the correct read is that the company will issue from treasury for the drip.
This is another run by Rai to up his percentage. The ncib did the job for years. This is the new avenue.
Likely, the institutions will take cash dividends.
It will still take several years for his percentage to get over 80.