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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Dividend percent
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Post by Newstock44 on Apr 19, 2015 4:50pm

Dividend percent

What I mean is if he bought shares with the new dividend then he would accumulate more shares personally without having to put more of his money from his own pocket.
A buyback is unlikely cause there are almost 1/2 a billion Shares already. I think it will go 10 for 1 so it doesn't look like a penny stock anymore..of course just my thoughts Cheers
Comment by materialsgirl on Apr 20, 2015 8:33am
Newstock; Thank you.  I would just say that it would take a long long time for divi reinvestments to have a big impact but your point is totally valid. My imigined future is that there is a 99% chance of a share consolodation and that the most likely ratio will be 1:10  (one share for 10 shares).  This is the same as your idea. AXY may now be in a place where conservative ...more  
Comment by R_J_ on Apr 20, 2015 11:37pm
“My imagined future is that there is a 99% chance of a share consolidation and that the most likely ratio will be 1:10  (one share for 10 shares).” ~ Materials Girl - When I saw this in this morning’s post, I was a little puzzled. Perhaps I had not paid enough attention to the proceeding conversations. - Then the lightbulb went on. It has, in the past, typically been a major objective for a ...more  
Comment by materialsgirl on Apr 21, 2015 7:50pm
RJ Your reaoning about a USA listing is 100% correct.  But in addition you need a $3 share price in Canada to attract most funds and many investors including myself on a go forward basis mat
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