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raja48185

05/15/23 4:19 PM

#415525 RE: powerwalker #415520

Someone needs to go back to Primary School Math Class.
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falconer66a

05/15/23 4:26 PM

#415529 RE: powerwalker #415520

Well, I was wrong. Too many zeros.

Sorry, but it is not right.


Well, I was the one who didn't accurately keep track of the many zeros. Yep, if Anavex has $20 billion dollars to go out as dividends, with 100,000,000 outstanding shares, that is only a mere $200 a share.

Instead of tens of millions of dollars, my AVXL holding will be worth only a few million. I'll now have to think for a bit (a few seconds) to see if I need now to liquidate.