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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.


TSX:GXE - Post by User

Comment by Maxmoeon Jan 05, 2024 1:37pm
118 Views
Post# 35812799

RE:Shorts having to pay the dividend

RE:Shorts having to pay the dividendAnd yet we are all bemused by the fact everyone is making more money than you are with no investment and no cajones to actually short. What a Tylerred. The best argument for eliminating the dividend is the fact nobody seems to care whether they pay it or not. Conservative investors that buy stocks for a dividend yield, primarily or only for the yield, are gone anyway by now out of concern it will soon be cut. So wtf, may as well. The counter argument would be more or less the same. Why bother. Nobody will jump in and start buying after the divy is cut. Be real. I sure didn't buy it for the yield. I bought it because the value of the assets in the ground greatly exceeds the enterprise value of the stock and debt.  So here we patiently wait it out. 
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