RE:gxe2 Things
-For long term holders where shareholders don't care about the price short and medium term it would be better to do the following. Keep the base dividend at CAD.005 per share per month or CAD.01 per quarter plus introduce a special quarterly dividend of CAD.015 which can vary depending on the current situation. I own Tourmaline and they do it really well.
-For short term holders benefit they need to reintroduce NCIB. Dedicate $1.5 million monthly. This is the only thing currently that will take care of the obvious washtrading that is going on with GXE. Having Gear sitting on ask side will take remove the ability to wash trade the stock.
There is a reason MEG and ATH major shareholders refuse the idea of stock dividend and prefer buyback. It actually works better short term.