Post by
easymoola2003 on Mar 21, 2014 1:51pm
dividend
The sp says, nobody cares.
Comment by
TimeScape on Mar 21, 2014 2:13pm
Nobody cares?? Are you kidding? The stock is tanking because people are forced to sell their holdings in their RRSP, TFSA and RRIF accounts. Ridiculous move by management. Instead of issuing this punitive "dividend", they should have sold that business privately and issued a cash dividend. That probably would have moved the stock price higher. Who's bright idea was this??
Comment by
runner115 on Mar 21, 2014 5:59pm
The reason they couldnt issue a cash dividend because they couldnt sell the business. If counsel corp was a good investment last week this doesnt make one bit of difference.Lets hope they have a good quarter looks like they will