Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
furuknap
on 02/05/2013, 15:44:49 UTC
Seeing that a mere retention of some profits, which is expected to happen regularly, is causing so many worries, I would suggest friedcat to retain all profits from now on and release quarterly dividends, announcing the exact amount beforehand.


The profit retention in itself isn't a cause for concern; heck we've been so pampered with regular dividends that we're having a massive circle-jerk party every Wednesday.

What is at least my cause for, for lack of a better word, worry, is that there is very little transparency in how Bitfountain operates. Whether they retained dividends and paid that once a quarter or every year is besides the point; if people can't predict whether their shares will be worth a certain amount with a range for speculation then dividend distribution times is rather uninteresting.

A funding need of ฿20K over the next 12 months, for example, would mean something like 30% off the current share prices at the level of dividends we receive now. That's why it's vital to understand whether that level is sustainable without further investment or if we've already acquired the necessary hardware or contracts to keep us hashing for the next few months.

.b