Arcon Energy (MIDL Presently) The Ultimate Sleeper Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: xdll who wrote (1636)	5/30/1998 7:34:00 AM
From: Islander	Read Replies (1) of 4142

I don't see the difference between a 3:2 split and the original dividend declaration in terms of share accumulation. You still will benefit in preferred share number identically. Tax treatment is another story. I suppose the dividend is treated as income, whereas the split would not...., so the split would be better tax-wise (?...I am not from and do not live in the USA) Re the option analogy on the existing post record date preferreds, I do not see your opening at $15 Monday with the common where they are; as it closed Friday, the preferreds ex-split are still undervalued in terms of the October conversion. But who knows? I really don't see the call options analogy. Could you explain further?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next