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slazenger7

01/17/09 10:36 PM

#35446 RE: coaldollars #35445

That would be correct. And if by some chance, the 1 for 1 stock dividend takes place before the .005 per share cash dividend, you are talking 4 million dollars. Shorts would be required to borrow shares to cover the stock dividend, and then pay .005 per share for twice the number shares they had originally shorted.