Gear Energy Ltd T.GXE

Where is the March dividend announcement?

[pierrelebel]

Typically the GXE monthly dividend announcement is posted at 8:30am on the first business day of every month.

Always!

Except this month.

Oversight?

[lovehockey]

I hope it means no dividend. Throw everything and a kitchen sink at the buyback! $1.3 million can buy 2 million shares at these prices. 

[NotThatBright22]

I tend to agree with the Divi cut. Would sooner see appreciation in SP than the Divi. As the previous poster pointed out, it is unusual GXE failed to clarify anything on this day.

[tylerreddick]

So you think the share price would go up with a dividend cut? Geezus dude, quit dreaming.

[Roscoe747]

Thats not what I said, genius. You really are desperate. Do better.

[tylerreddick]

I wasn't talking to you. Do better.

[Roscoe747]

You were not "talking" to anyone in particular..

[tylerreddick]

I was talking to the poster Notthatbright. Maybe that should be your handle?

[NotThatBright22]

Do the math...GXE in buy back mode. Cut the DIVI, secure profits and buy back shares. Thoes shares are out of circulation.

[lovehockey]

You are right. They always posted that confirmation on the first day of each month unless it fell on a holiday or weekend. I think we are done with the divis. 

[Roscoe747]

I'm good with a div cut. Hindsight shows a loss of opportunity for value creation. Opportunistic use of $16 mm annually for growth or buybacks makes more sense.

[lashing]

I said long ago the likely strategy from here will be to cut div, tank share price, go private. They dont care about investors. Never have. They tried to sell already and that failed. There's only one option to rob everyone now and that is the above and thats what they will do. 

[itsalie]

you should sell what shares you have and move on

[tylerreddick]

Everyone should do that, and buy a quality oil/gas stock.

[NotThatBright22]

Why are you here....Seeking somewhere to belong, a sence of fillment that some may read your posts and give a "LIKE"?

[tylerreddick]

Nope, just don't like people posting garbage.

[NotThatBright22]

Ahhh...you here to protect and somehow influence the integrity of the stakeholders of GXE on SH?  The majority of us will make money at current SP.

[HemmingfordJoe]

Nobright is impaired.  GXE......

[NotThatBright22]

Awww...geeze "Grippy"...Impaired would be holdng a stock that lost, what, 96% and to remain bullish and defend this LOSS and the company....

[tylerreddick]

But like a little girl, goes whining to the thought police.

[Roscoe747]

Trolling 101. Chuck schmidt in all directions in the hope that some will stick. Bye.