Post by
MARKOPOLIS on Feb 16, 2023 10:09pm
Dividend cut is a great idea ask MPCT.UN
Down 20% in 3 days
An NCIB won't save a div cut sell properties out east pay down debt
The fees are the problem cut your expenses or it's status quo same fees and divy cut that's slams way for last 4 years
armoyan is out in Halifax let him handle the eastern properties let Jean Charles work on financing that's all he did for 40 years
Yes I know about the debenture new terms but slam sucks 13 million average year fees that's your savings
Comment by
SNAKEYBOY on Feb 17, 2023 9:29am
If a dividend cut aligns with a robust strategic shift, it will likely move up. If you are cutting dividend because the future looks bleak with lower revenue then it will tank