Frontline Ltd (FRO): FRO - New div cut coming. Average anal...

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Monday, 10/03/2016 11:25:46 AM

Monday, October 03, 2016 11:25:46 AM

FRO - New div cut coming. Average analyst estimate only 9 cents /share revenue this qtr. No way they can pay 20 cent div. will have to cut div at least in half. Price likely to drop below $6, maybe even down to $5 once it is announced. Good luck.

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