@ $36 11/16. I think we'll see $24 when the dividen news is fully absorbed into the share price. Lots of ONE shareholders and pension plan managers are just reading about it tonight, and tomorrow will be a follow through from today. Some pension plans will flee before the dividend cut announcement.
Actually the 4.77% yield is not a viable dividend policy for ONE and Damon is doing the right thing. Damon's plan is to air out the dirty laundry from the onset of his arrival.
I'll buy ONE again @ $24 as a takeover play. I think Damon is looking to do the same for his 2 million shares.