Replies to post #11 on National Energy Group (fka NEGI)

[JimProfit]

theoretical yes, but maybe not.. place your bet ;)

[Argyll]

"...the price of the stock will drop by the amount of the divi on that date??"

A possibility. However the company will retain $50 million cash. Given 11.2 million shares that's a per share cash value of $4.46.
Plus they may move into other business opportunities.