To be fair the pps today is meaningless in the sense that we have a lot of irons in the fire. Of course is someone had an urgent need to cash out it would not be meaningless. As a side thought I’ve been pondering does the low pps pre div benefit is another way? If the pps is .90 pre div and .45 post div we have to make up only .45 to return to pre div pps. If we were 2.50 pre div and cut to 1.25 that’s a lot more market cap to make up to get to pre div pps. I guess I’m a glass is half full kinda guy.
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