The one thing I don't agree with Joe on is him ask
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Posted On: 12/02/2019 11:23:46 AM
The one thing I don't agree with Joe on is him asking shareholders their thoughts on what they think should be done with everything.
He should have a steadfast plan on this and say, here is what we are going to do. We are postponing the Dividend until the PPS gets to this price. Once it does, we will then allocate the Dividend to all shareholders as planned. Currently due to what CMF has done, providing the Dividend right now, actually hurts all shareholders on record, due to the PPS drop. We want to ensure that our shareholders receive the Dividend without any PPS manipulation caused by bad faith actors.
This is just my opinion, but I think something like the above would have went a long way in helping relieve some of the anxiety among shareholders.
He should have a steadfast plan on this and say, here is what we are going to do. We are postponing the Dividend until the PPS gets to this price. Once it does, we will then allocate the Dividend to all shareholders as planned. Currently due to what CMF has done, providing the Dividend right now, actually hurts all shareholders on record, due to the PPS drop. We want to ensure that our shareholders receive the Dividend without any PPS manipulation caused by bad faith actors.
This is just my opinion, but I think something like the above would have went a long way in helping relieve some of the anxiety among shareholders.
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