So now that we are part of this company and our dividend dropped by -.30 cents per year what other wonderful things are we going to find out.
What are they doing with the $2.20 that PVR distributed per year are we going to see any of that or is the management going to pocked all of that money. I WANT SOME ANSWERS.
If you had done your due diligence, you would have seen that RGP was paying out a lower annual percent (to unit value) than PVR had been; so this should not have come as a surprise.
As a former PVR unitholder, did you vote FOR the merger, or AGAINST the merger? Personally, I voted AGAINST. At the time RGP made their low-ball offer, PVR had not met expected Nat. Gas connections; but as we saw, over the following months, things were moving in the right direction.
Now we will have determine if the price is moving in sympathy with the rest of the market(making this a possible buy opportunity), or a harbinger of things to come.
For or against, it is done. And regardless of who you are, you've done better over the last quarter. Now you have to ask yourself if it is worth staying, or if there are better opportunites out there. One of the factors has to be your personal tax situation, another is your investment strategy. Personally, there are much better investments out there for me, and I'll be dumping shortly.