Post by
SNAKEYBOY on Sep 19, 2023 5:12pm
GUYS MAN
There was a massive dump at 3pm with volume spiking into the close. 13% yield. Cut in half 6.5%.
Comment by
Scotch12 on Sep 19, 2023 5:25pm
It is hard to believe that a dividend cut is not coming. If true, management has no doubt broken many laws as word has extensivley gotten out. That is the most likely explanation for the huge volume today and Friday. Not only is management stupid & incompetent they are also likely unlawful if there has been a widespread leak.
Comment by
SNAKEYBOY on Sep 19, 2023 5:28pm
Agreed. The only way it's not cut is if they sell the reit fully or a like over 500m at fmv or premium to pay down high debt