RE: Dividends1 Nov 2020 11:21
The divi(s) will potentially release a lot of cash to shareholders. The question that will come up is how it gets used.
Lets say you have 10k in OO today and assume the divi could be same as the current price
. You then get 10k divi which you reinvest. Then let's say OO hits target of 50% price rise in 6 months, your 10k is now 30k. I agree with you potential tripling just on the reinvesting case.
I know it's a simplistic view, but then ask yourself, will C.F. be buying more shares with the divi
knowing where the company is headed. If it's compelling to him then it is to me. The cash from the divi will in itself create more demand for the shares.