Replies to post #144 on Vale SA (VALE)

[hptaxis]

Do you consider the sell-off as a good opportunity to pick up VALE? They are down to <$25.

[DewDiligence]

VALE trades ex-dividend today in the amount of $0.577 per ADR:

http://www.sec.gov/Archives/edgar/data/917851/000095012311076365/c21388e6vk.htm

The prior dividend estimate of $0.575 (#msg-65731521) was based on the exchange rate in effect at that time.