Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
ex-trader
on 03/11/2013, 17:09:27 UTC

A one-time 0.06 div from this entire batch is hardly gonna save these shares.
well, the share price has increased 30+% since the news of these broke.  And while .06/share is not huge, it is 20 times greater than the last dividend. I imagine it will be split over several weeks, looking at .015/week at most.

That being said, I don't think this revenue is meant to "save" the share price, but merely keep things afloat until the next gen/deployment happens. If divs can be larger than .01 a week for 4-6 weeks, I think you'll see share prices go to 1.5 or beyond.

And that alone shows how naive the investors are who move their price perception based on dividends that'll only last weeks at best.

Thats just like when people bought AM above 5BTC because they were paying divs from 40% of the network, which was clearly unsustainable.