of course they are educated if they are able to drop such an amount.
After all - the down ramping allows them to lower their cost average from $7.50 hahaha. But also represents an opportunity for those that are patient.
The dividend component has been there a long time; and my understanding of dividends are that its available cash if the company doesn't need it. But obviously now they need it for their growth phase and if they get rid of it, it might not look good to the market.
Given most DRP ends up being reinvested as shares; the share price drops obviously as there are now more shares
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