TSXV:AFCC.H - Post by User
Post by samrakon Sep 25, 2024 8:49pm
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Post# 36241370
loan/dividend
loan/dividendWe are now less than 2 months from the scheduled repayment of the $21 million loan plus accumulated interest. Interest began being paid last quarter. Assuming the loan is repaid in cash or significantly in cash, Automtive Finco had previously indicated a $0.205 dividend payout around year end if memory serves correct. and before that payout, book value should be roughly $1.30/share. Use this knowledge wisely.