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humpback

07/24/08 11:57 AM

#17877 RE: ErnD #17873

Your math is off. You are dividing dollars by pennies.
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Trader0327

07/24/08 11:59 AM

#17882 RE: ErnD #17873

Math off?

400,000,000/.0124=32,258,064,516
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realnewsinc

07/24/08 12:01 PM

#17895 RE: ErnD #17873

Your math is very off:

400, 000, 000/.0124 = 32, 258, 064, 516

The lower the O/S the higher the dividend. If O/S were 4.96 million, the dividend would be about $80 per share.