Mart Resources Inc MAUXF

Divy is 1.5 cents

[kungsuki]

Just announced.

[peppion]

Mart Announces $0.015 Per Common Share Dividend.   Just what I predicted last week.   Watch the volume and stock price acetion.

[dakota22]

That is .015 @ qtr .06 ann

[freedom-1970]

Until the dust settles ,Wade is making the right move. Next quarter can always go up, two thunbs up from me!

[dakota22]

Markets not exactly thrilled with the div.

[vestor111]

How so?   

[dakota22]

Because it is highly unlikely to happen

[vestor111]

yes but the instability premium rolls straight to the bottomline everyday they pump.  We are up $5-6 a barrel on the fear premium (gots to keep that black crack flowing don't ya know)... at 12k bbls a day 70-80 days per qtr...  add the new pipeline... makes providing a re-sweetened div more likely.  

[vestor111]

But the "How so?" question was for your previous comment on the market no like it.   The volume and small price change is not a thunderous stampede out or into the stock.   More like a ho-hum.  

[dakota22]

In my mind that is about the same as the market 'isn't thrilled' with it

[franklinmuch]

This post has been removed in accordance with Community Policy

[vestor111]

Naturally, it would be nice to have flowing revs before the likely OML award to simplify financing so hedging on the divy seem prudent - at least until the pipeline is flowing revs to market.   BTW Some are calling for $200 a bbl oil if the ISIS moves on the Iraqi Oil refinery.   Who knows, timing on the pipeline might coincide with windfall panic pricing.   A kicker handed by fate

[dakota22]

I wouldn't rely on a $200 oil price for investing

[freedom-1970]

I am ok with the divy, now we need news on the shell deal. Very happy with Wade's decision..