pauloo: Have held for pretty much the same reason. Unfortunately no one knows what this company will look like after the merger. I would like to see the bonus dividend date announced; either just before or after I would plan on an exit. However at this moment in time I'am beginning to think the merger could fall through due to the delay. In which case you could see a 2 or 3 point jump in price. I don't think most investors bought here to own a coal company. Unless of coarse they are planning on some CBM wells??? Poor PR on behalf of Investor Relations. IMHO. Csense
I'm still hanging around watching you folks squirm.
Regarding the dividend...if you will go to the SEC filings and look at the documents on file there you will see a proposed proxy which contains a "pro forma" which shows what the dividend would have been last year if the merger had taken place in roughly mid-year. The answer to your question is at the bottom of page 24...but while you are there you really should read more of what is disclosed there!
If you put in a little effort you might be more inclined to take seriously the answer to your query. I do not think you will be very happy with what you find.