Afri-Can Marine Minerals Corporation V.AFA

Dividend???

[Sunset48]

I'm having a little difficulty figuring out what the dividend will actually be!!!!

Can someone tell me what I'll receive if I hold 10,000 shares of AFA??

Any helpful inf would be appreciated.....or is everyone else in the dark and guessing like myself.

Good luck to all

[FRANJUL]

they were talking of a cash amount between 10 and 15 millions.  But now it seems to be share of a NEWCO that they intend to form. Who knows......  Some posters were saying that the was suuposed to be paid in december, than it was supposed to be in march, now they are saying june july.....   Do not count on this to pay your mortgage..... (loll) 

[FRANJUL]

try to figure out put a real dividend of  5 m  for  300m shares so it is   0.015  x 10000=   150  but 150  dollars  not in cash .....shares of a newco so divide in half =   75 dollars so if you sell you have to deduct the commission let say 9 dollars you should be able to collect  65 dollars   BUT I AM NOT SURE....   &