RE: Just musings about the 80% of profit divi rns .....21 Jan 2022 10:13
...not disputing that bonddivi but what you are calling eua2 is in fact whats left over after any sale/jv deal ! Unless EUA name is sold with the deal ( it has good environmental reputation so has a value ) then EUA stays the same and without this rns i guarantee the tactics from the basement would be first " well the dividend will only be 5/8% because thats the normal size of dividends " and then as ex d date approached they would have switched to " Once the divi is paid the sp will crash so id sell now if i were you " We all know it really !! Now the divi cannot be played down it is 80% of net etc AND post ex div date the future divi/sp can easlily be calculated bases on projected earnings from whatever JV or royalty deal is agreed upon !
So hypathetically, sale/jv combo deal $ 3 bill up front and free ride jv with a 20% royalty going forward ! With a minimum payment due regardless ....... after fees,tax etc maybe 2.2 bil paid as divi ( could be way more im guessing ) and the post deal value of whats left after the deal easy to work out and hard to lie about so post ex/d date sp will be an undisputed figure and the pond dwellers lose a main line of attack :) Thats a lil bit clever and pulls the rug right out from under the granny robbers :)