Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BUT is is the only well producing royalties to GULTU
That's a huge issue and it should fall into the 00s
losing one well out of 20 and only 3.6% of total revenue according to 10Q filing so should not drop over 60 %
GULTU,0.0095, last trade -0.0224 today's $ loss, 0.0027,.83.77divi percentage based on price
down 75% and at this price pays a 95% divi.. been in this position for years and always paid the divi. only 1 of 20 wells shut down and its only 3.6 % of royalty.
this stock is tanking because of a well being shut down. this is only 1 fo 20 wells and most do not realize this.https://content.edgar-online.com/ExternalLink/EDGAR/0001565146-13-000012.html?hash=3e9471d8030f7da3ac73ebedfea0fbe0e5fff44d0ace2e6d66cf0a5988cb580a&dest=exhibit312q13_htm#exhibit312q13_htm
True but I've owned it for years and can't remember how many years they have been paying but I believe it is 3 or 4 at least. Subin is like a baby Cooperman.
That’s likely true over 4 quarters it’s paid .007 of a penny only. One has to acquire quite a bit to make it worthwhile and it hasn’t always paid out consistently, no long track record. Recent change of beneficial ownership, some person named Neil Subin in Stuart FL who also is listed in other public traded stocks.
If oil prices rise over a $100 again as expected - Yes both the share price and divi should rise.
How much? I don't know
Well thank you very kindly on the reply!!! Do you believe it will ever rise in dividends and share price!?
Well thank you very kindly on the reply!!!
The divi is as safe as a 4 cent ticker can be. The trust doesn't expire til 2033 so there is a lot of time left on it
I’ve been buying - but not deep. Yet, anyway...
Unitholders of record on January 31, 2023 will receive a cash distribution of $0.002702 per unit payable on February 10, 2023
Unitholders of record on October 28,
2022 will receive a cash distribution of $0.002856 per unit payable on November 14, 2022.
Unitholders of record on July 29, 2022 will receive a cash
distribution of $0.001327 per unit payable on August 12, 2022.
Q1 divi paid out today .0011 per share - small but a good track record of paying.
I would think they should be moving for the obvious reasons. Russia/Ukraine/price demand?
several of my oils are strangely calm & quiet
She is going to pop!
Wow! That really is good. I have 70k shares. I may try to get more? It would pay for itself fast.
Times 4 quarters brings you to 40% per year......... if they don't raise it which I believe they will with oil rising.
I agree man I got like 10 percent back! That is better than a savings account.
It really should be higher but the limited interest in a 3 cent divi payer is perplexing.
I got a hunch this is going to at least .10? What do you think friend? btw I got my divy. That was cool!
Cash dividend recorded date 1/31 https://www.otcmarkets.com/stock/GULTU/news/story?e&id=2103477
Hey, that makes sense. Man, you are intuitive
I think his message was received by the trustee - why else would they raise the divi 2000% - I think its 2000% from .0001 to .0021
I guess he just wants the shareholders to say you're not doing your job and agree he needs to leave.
If you were talking about the Scott Klarquist plan to replace the trustee - I agree with him 100%.
None that I know of.
How many 2 cent stocks pay a quarterly dividend? .002192 I think
It's one of the news things on the board. Hey, I didn't realize that! Cool
This guy:
https://ih.advfn.com/stock-market/USOTC/gulf-coast-ultra-deep-ro-pk-GULTU/stock-news/86676484/notice-of-exempt-solicitation-definitive-material
What letter? Your going to get a 10% +/- divi on Feb 11th.
Good. Man the latest letter to shareholders wasn't encouraging though. lol I guess as crazy as oil it though the share price is still cheap!
I think a double is a safe bet
Okay, I guess that makes sense. I can't imagine it not being a double from here. I could be wrong. They have been filing stuff lately.
depends on price of oil. I don't have a target price for it.
I got in Ernie. How high do you think this thing might go?
Yeah wouldn't that have been great ?
Too bad it wasn't 100k shares.
Just checked my Webull account. I was finally able to sell my OBELF $1.06s at $6.35 but it was only 50 shares.
I was trying to remember how high it was several years ago. Seemed like I remembered it being a lot higher. WOW I just looked back on this board where you and I were saying 1.25 looked like bottom. lol
You can get some. I first bought this at $3 wayyyyyy back when it first came on the market - I'm much happier down here at 2 cents. The only real downside it that the trustee is taking most of the money for themselves.
I knew I should have bought some. I guess it is not too late though.
YES but the next divi will not reflect the increasing cost of oil - It will take at least another quarter
Is this waking up because of oil prices Ernie?
I agree, IT'S BEYOND TIME TO KICK BMNY TO THE CURB - they are crooks and working for themselves INSTEAD of unitholders best interests.
https://ih.advfn.com/stock-market/USOTC/gulf-coast-ultra-deep-ro-pk-GULTU/stock-news/86676484/notice-of-exempt-solicitation-definitive-material
Followers
|
13
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
229
|
Created
|
09/22/13
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |