RE:Is Wolf of Baystreet dead?Possibly. What is wrong with you?
Unlucky13 wrote: Anyone else find it ironic the guy just disappeared as BTE tanked. BTE paid off no debt in Q3. That could be bad nees tomorrow. Debt is still 1 billion and it's 2023. By halfway through next year they want to pay 25 percent of free cash flow as a dividend
and 50 percent by 2024. At $100 million per quarter in free cash flow that's 25 million per quarter per share in a dividend. $100 million for the year divided into 550 million shares. That's an annual dividend of 18 to 20 cents. About 5 cents per quarter. At $5.50 per share that's roughly 3 to 4 percent for the year. If you own 10000 shares that's $400 extra by mid 20023 annually. By 2024 that's $800 extra for every 10000 shares annually. Is that enough to make it jump tomorrow? From $5.48 to $5.68 today is a good sign.