So you are saying that the divy gets baked into the qoute? I've never heard of such. Perhaps Mr Scott was trying to suggest how the divy affects your per share cost basis. (subtract the divy from your original pps?)No matter.The stock opened lower because someone dropped a bunch of shares into the bid. Same as it ever was,imo.
I would agree that the divy changes the intrinsic value of each share, here it happens (has, is, and will) via dilution though. Fischer said the divy was in escrow (like all their deals,lol) but yet they are issuing unknown amounts of shares to unnamed parties for unspecified expansion deals. So if you reinvest the divy, it's like a do-it-yourself reverse split...quarterly at that! Did Fischer say what his divy payout would be every quarter? I wonder if he will he be reinvesting his cash at these severely depressed prices?
A spoonful of sugar,imo.
gl
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