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Bullboard - Stock Discussion Forum Midway Gold Corp V.MDW

TSXV:MDW - Post Discussion

Midway Gold Corp > formula to calculate shares MDW has to pay for dividends
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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.
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