I would like to hear:
We will not exceed 50M shares, Solomon with a few other larger shareholders will soon convert their shares to preferred shares + paying off some of the collateral shares.
More information about record date next week, with a record date in mid/late October.
Record date for cash dividend will be early November, which will be paid out mid January.
#$1+ by 1st October #justgetitdonesolly
Instead we will probably get:
Hear more about the TRW dividend within a few weeks
A/S raise to 75M, due to ECAB shares and existing and future collateral loans.
Nothing new regarding the cash dividend.
It should still go up to 70 cents on the second alternative, but it will go down again to 30cents after the record date. Cash dividends will be the only thing that are able to hold the SP above 25cents.
Either way it’s a good R/R to be buying here.