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Re: Mango post# 110193

Tuesday, 06/01/2010 2:39:10 PM

Tuesday, June 01, 2010 2:39:10 PM

Post# of 115222
I fail to see your logic.

Here's the logic you failed to see :

If AURC pays a dividend of 0.008, on the day the divvy gets paid out, the price(whatever it is then) will be less the dividend. That means the price of AURC will be negative(if thats possible) when the divvy amount is taken from the pps. Ibreken is saying that the pps should have risen to around divvy plus current pps. Since that has not happened and the pps cannot be negative, it follows that it is near certain that the divvy will not be paid.

Do you get the logic now or you need further explanation?