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whirly

10/08/09 8:25 PM

#4393 RE: JJRLO #4391

We've known about this dividend for months now. Nail in the coffin? I don't think you even have a clue do you?
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WallStreetBandit

10/08/09 11:51 PM

#4394 RE: JJRLO #4391

If the special distribution, that has been public knowledge for almost 2 months now, is such "a nail in the coffin," why didnt a huge dump come today. Oh, its not a forward split, the shares are restricted.
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Nefyn

10/09/09 7:22 AM

#4396 RE: JJRLO #4391

normally I would agree, but after rereading the details, INAR is going to increase the O/S by 10% to fund these dvidends. This would equate to a 10% decrease in pps.....which is really nothing. Since INAR first put news out of this dividend on July 9th, the pps has increase. I attribute this increasing pps to the news of increasing operations. The most that you will see imo, is that on October 13th, the pps will dip a bit, but will be negligable imo. GL