Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
Puppet
on 07/06/2014, 07:19:32 UTC
This is what Puppet is referring to:

Div Pay Day   Div %   Re-invest   Repay
6-Jun   2.10%                No   Yes
13-Jun   1.95%                No   Yes
20-Jun   1.82%                No   Yes
27-Jun   1.69%                No   Yes
6-Jun   1.57%                No   Yes
4-Jul          1.46%                No   Yes
11-Jul   1.36% + ?                Yes   No
18-Jul   1.26% + ?           Yes   No
25-Jul   1.18% + ?             Yes   No

exactly, but there is one more thing: people here seem to think dwindling divs is ok because the share price will remain more or less constant or decrease at a lower rate. Of course in reality, once investors start doing some elementary school math they will realize that share value is directly correlated with future dividends and therefore will also decrease by ~7% per week without reinvestment.

I wonder, is there anyone among cryptx investors who invested in gigamining 2 years ago? My guess is: no. Those people would understand by now, the rest of you will have to learn.