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Thursday, October 19, 2023 9:36:26 AM
If 90% of the shares are owned, it wouldn't be flatlined. If a company has 100K shares and 99K are owned, one sniff of news will drive demand and the SP will rocket... That doesn't happen here, meaning there is a ton of shares that are available. I'm not saying it would go to $1 on small time news, but it wouldn't tank to almost 2 year lows either.
I wish the OTC page was accurate, that is what I'm going off and haven't used that page for other tickers, but in the end we will only know if they announce the dividend based on the amount of shares owned on the record date.
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