Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
You're basically throwing away .002 "investor guaranteed" BTC per share when you sell at that price. It's a very questionable choice IMO.
That's not correct. Every share gets the same div payout and it doesn't matter who owns them or what they paid. ACtM will only get their lost money back from this no more. So the price they go for has zero impact on us so long as we make our BTC back.
If each share is going to receive .0025 in dividends, then selling them for .0005 is an undervaluation of company assets, and a poor decision.
Hold the shares, let the dividends flow back into the company. If you have to sell them at a "bargain" to get rid of them, why sell them at all. Do you need the BTC, Ken?
I don't speak up much on here but this is choice reflects VERY poorly on the company and your opinion of its future.
its obviously an exit strategy, there is nothing left of ActM. No successful CEO would sell shares for 5x below IPO.
