RE:RE:RE:Heavily washtraded stock by Morgan and Merril clientsThat is incorrect. I never ever said they would "axe" the dividend. I merely pointed out, and continue to point out, that, according to their own presentation, they need to borrow money to pay the dividend, which is EXACTLY what has happened.
So I have been 100% correct.
And borrowing to pay a dividend doesn't add anything to the value of their shares, but actually decreases that value. Simple math.