Post by
mingzhu on May 18, 2015 9:19am
formula to calculate shares MDW has to pay for dividends
70 million * 8% / 0.095=58.94 million shares. 1/3 of total shares of 18 m. HCP will be major shareholder soon. Then it changes 70 m pre to common shares. What is left for retail shareholders? )0.005 per share? I like some shareholders come out with some rationals to hold or even buy MDW. It seems to me it is only worth flipping
Comment by
testfreak on May 18, 2015 9:51am
i see u stole this from yahoo board lol. but his math seems close
Comment by
mingzhu on May 18, 2015 1:22pm
thank you for your compliment. That is my post on Yahoo.