Wednesday, May 23, 2018 3:57:17 PM
Typical OTC. Has happened to me as well several times 
It would have been so liberating to get rid of the manipulation and just trade on baby-Merkur (less China-bias, no market makers and also transparent)
I wonder whether OTC was responsible for stopping the gain in PPS, or whether it would have played out like this anyways. It seems rather obvious that todays decline on Merkur was a reaction to OTC closing lower than what Merkur did yesterday. You can't win on Merkur when OTC is the one that determines the PPS.
Well, things might still change tomorrow and onwards. I hope Solomon will be rewarded PPS-wise from the dividend policy, so that he starts using his ears, but they may have played it out wrong (i.e semi-annual and delayed) so that we might be punished from it (and Solomon feeling that there is no use to try to protect the PPS).
They should have worded it different as well; an annual dividend for 2018 of 5 cents sounds way less than a semi-annual dividend of 5 cents/6 months starting H2/18, but it is the same (ish)
We only have 7 months left of 2018 so any NEW shareholder are looking at a yield of 24%/year at the current PPS (and not a 14% yield like it sounds) and then 28% (or more) for 2019.
It would have been so liberating to get rid of the manipulation and just trade on baby-Merkur (less China-bias, no market makers and also transparent) I wonder whether OTC was responsible for stopping the gain in PPS, or whether it would have played out like this anyways. It seems rather obvious that todays decline on Merkur was a reaction to OTC closing lower than what Merkur did yesterday. You can't win on Merkur when OTC is the one that determines the PPS.
Well, things might still change tomorrow and onwards. I hope Solomon will be rewarded PPS-wise from the dividend policy, so that he starts using his ears, but they may have played it out wrong (i.e semi-annual and delayed) so that we might be punished from it (and Solomon feeling that there is no use to try to protect the PPS).
They should have worded it different as well; an annual dividend for 2018 of 5 cents sounds way less than a semi-annual dividend of 5 cents/6 months starting H2/18, but it is the same (ish)
We only have 7 months left of 2018 so any NEW shareholder are looking at a yield of 24%/year at the current PPS (and not a 14% yield like it sounds) and then 28% (or more) for 2019.
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