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RealDutch

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RealDutch

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Re: buythebuy post# 59

Sunday, 12/15/2019 4:39:49 PM

Sunday, December 15, 2019 4:39:49 PM

Post# of 1266
The thing is, when it drops from $2 to $1 on dec 27, the stock will be too cheap. With $1.44 in cash remaining and a whole business besides that. I have seen empty shells "worth" $500M.

And what will the shareholders do with that $1 in cash once they receive it? Buy more stock? How about the CEO? lol.

There is another company in a similar situation. FENG. A bit more extreme because it is Chinese. $1.35 dividend. Pay date was last friday. Ex-date is tomorrow (monday). Stock should drop by 1.35 but again, what happens after that? Could be an indication of what to expect for SPRT.

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