Post by
MyHoneyPot on Feb 26, 2021 9:23pm
Dividend this Year
Really i do not believe POU has much interest in NVA, and it would simply distract POU from its list of high netback play opportunities.
However my take on it is that NVA will double by August this year, and you are likely looking at a 4.50 share price.
That will create a problem for POU, how do you get rid of 180 million dollars worth of a competitors stock.
A divided of $1.50 will be available for every POU shareholder or rougly 1/3 a share of NVA. Its a great way to pay shareholders off.
How does that compare with other oil and gas companies, 6X the dividend paid by ARC or 3X the dividend paid by TOU.
If you happy with a Five percent dividend you will need to get the stock to 30 dollars.
NVA share will be in the hands of POU shareholders, and for every 3 shares of POU you own, you also own one share of NVA.
IMHO
Comment by
Sugaree on Feb 26, 2021 10:25pm
HP, curious, if you see NVA minimum doubling by August to $4.00, where do you see POU by August, also a double, or not as much as NVA?
Comment by
Raymondjames on Feb 26, 2021 11:46pm
Sugaree - pou has a good run from $1 over a year ago. Nva is just getting started. Easier to go from $2 to 4 than $10.80 to $20. Having said that, pou is still the company you want to own.
Comment by
Raymondjames on Feb 26, 2021 10:53pm
Vii all over again. Will take that all day long.