Danny, how did 7.2% of 40kg get to be 28.8kg?
or are you saying the other 90% of the company gets 7.2% dividend? why? > It's easier to calculate it in gold grams. > They are raising 40 kg of gold in selling 10% of their company to the > public, and at the same time they declare a dividend of 7.2% anually, which > means they will be paying out 28.8 kg of gold in dividends every year. > That's why from an economic point of view this ipo doesn't make any sense. > The money they are raising will be gone into dividend payments after only 17 > months, it's hardly possible the 40 kg gold they get now will have produced > much of a positive return within only 17 months. --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
