Thanks titanhelios but I guess you whistlening dixie to adam_colemd who is just another of those trolls that utter nonsense and give the impression they know what they are about when it is just to short and ensure no advance is made in medical science and line they pockets of the hedgies
May be time to walk away at this stage as once the dividend becomes reality we back into the low 7's with a large deduction on the dividend retained and unearned tax levies to boot.
Notwithstanding the buyback there is simply too much paper in circulation. They need to foist the efforts of the manipulators and do a 1/10
Why pay a large tax plus numerous levies taking the gov tax take in most european countries closer to 44% when CGT is far less. Here we pay 33% CGT plus health levies and USC charge that almost accounts for 50% of the divi. The market cap has crashed shine they announced it and that is simply bizarre but may reflect the folly of maintaining the Divi vis a vis share price appreciation
Incredible how this has been nothing but a trading tool for HFT and shorts. No matter what upgrade, improvement in core business and profitability, the stock has been slapped down after each attempt at going upwards. We have had no growth(negative in fact) in last twelve months despite the market rallying. What has NOK to do beside buying back half a billion shares ?
A pathetic performance and if stock price determines status then I am afraid NOK mgt has a long way to go
I just can figure it out how this stock is stuck in the under 8 for months without any sign of a move upwards even after all the positive news and commentary