Post by
goldenrivit on Mar 24, 2023 10:20am
Global banking crisis
Spreading like wild fire.BIR would be wise to cut the div to preserve cash as the banks will stop lending due to a credit freeze.They can not pay the div rate in falling NG and oil well below the payout level.
Comment by
Burgersandfries on Mar 24, 2023 11:36am
The big divi was always a mistake but if they cut it now look out. Not going to happen this quick. All though it would be a great buying op! They should have adopted the tourmaline model.