InvestorsHub Logo

foxi

07/17/23 10:27 PM

#182104 RE: Dyno89 #182101

With a big enough catalyst, it could still go above .11

Especially if the SAGA deal closes in that time. SAGA could count on getting the company producing the catalyst, and investors would (should) know the dividend details.

Example:
900 SAGA shares worth $30/each = $27k
Buying 100k ENZC shares to get the 900 SAGA shares as dividend, $0.27/share would be break-even.

(This is oversimplifying since there'd be other considerations in play, but it works to illustrate.)