I think that assumption is based just on a feeling.
Them having no assets they can sell, no income or bank relations, duty to pay dividend on their neck...
I see massive dilution ahead if they should pay or them braking their promise once again and no dividend...
Either way, there really isn't any floor, any support.
Last time they paid dividend 2012 and it has gone down about 95% since.
Most logical thing is that the same will happen again.
It's been time tested already that they can't sell their "assets" and that they can't create cash flow outside their papers in the real world.
There isn't anything holding this up except their press releases and reports with promises... And it's been time tested that the promises will not come true.
Eventually it will be under 20 cents, under 10 cents..
You can only go so far by talking the talk and not walking the walk.
