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Bullboard - Stock Discussion Forum Vero Energy Inc T.VRO

TSX:VRO - Post Discussion

Vero Energy Inc > 30 cents per share:
View:
Post by liquidcool on Mar 28, 2012 10:24am

30 cents per share:

Has anyone received it yet?
Comment by TimeBuilder on Mar 28, 2012 3:17pm
In our TD account the morning of Mar 27th as ROC ( return of capital ). TB
Comment by Troyahorse on Mar 28, 2012 4:58pm
Yes they were deposited in my TD trading account yesterday May 27 with a coding ROC ? not INT not DIV
Comment by jastoronto on Mar 30, 2012 4:19pm
I think it is a dividend indeed! Thats what company said and my broker identified it as dividend:   Mar 28, 2012 Apr 02, 2012 Sell URANIUM ONE   UUU -1,900 2.89 C 5,481.05 C Mar 28, 2012 Apr 02, 2012 Sell URANIUM ONE   UUU -3,100 2.89 C 8,959.00 C Mar 27, 2012 ...more  
Comment by TimeBuilder on Mar 31, 2012 11:21am
TD must have consider the .30 cents as "return of capital" as the money was obtained from the sale of assets and NOT revenue generated from growth . Believe it was reported by the company in this manner. JMHO and stand to be enlightened. TD "may" also correct the definition of the deposit at a later date based on VRO's declaration of funds. Will ride our holding ...more  
Comment by filefish on Mar 31, 2012 6:56pm
Its a return of capital, meaning you reduce your cost basis by .30/sh and then when shares are sold you will have a larger gain ( smaller loss) for tax purposes. I think VRO will be a good investment. These guys have proven that they know how to build production . You just need to watch how they keep their debt and cash flow in line. The lesson they have ...more  
Comment by TimeBuilder on Apr 01, 2012 12:36pm
Thanks for that posting...totally agree with your statements and view point. Regards, TB
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