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Posted On: 12/18/2019 6:59:14 PM
Post# of 36549
This is something I am having a hard time understanding...would someone please enlighten me with your theories/thoughts?
So, the NGIO dividend will be paid on 1/3/20, with 1/6/20 as ex dividend date. So, why is GNBT willing to give NGIO dividend so soon...don't we need the GNBT PPS to be over $2 for the uplisting later? (it is pretty obvious now that GNBT will not be uplisted before 1/3/20) So, I am thinking GNBT must have some plans to get the PPS up to $2 later...I am assuming that GNBT does not want to keep giving out NGIO dividends....so maybe good news coming soon? What do you guys think?
Thanks!
So, the NGIO dividend will be paid on 1/3/20, with 1/6/20 as ex dividend date. So, why is GNBT willing to give NGIO dividend so soon...don't we need the GNBT PPS to be over $2 for the uplisting later? (it is pretty obvious now that GNBT will not be uplisted before 1/3/20) So, I am thinking GNBT must have some plans to get the PPS up to $2 later...I am assuming that GNBT does not want to keep giving out NGIO dividends....so maybe good news coming soon? What do you guys think?
Thanks!
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