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Transocean Ltd. Message Board

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  • wiffmyanus wiffmyanus Nov 29, 2011 1:11 PM Flag

    If you are holding RIG for the DIV

    You are right. They didn't borrow money just to pay it out.
    To bad they didn't do this offering when the stock was trading at a much higher price. Why do these companies do this when their stock is around the 52 week low???

 
RIG
11.00-0.38(-3.34%)12:48 PMEDT