NEWT just lowered the dividend forecast to 1.50 a share. And in typical fashion that tried to hide the fact by expressing it in total dollars. But bottom line is what used to be about 1.83 per share is now 1.50
The whole way this transaction and the previous secondary have been handled have left me with a bad feeling in my gut. They've essentially made the $2.69 worthless. The next inkling of something that doesn't feel right I'm selling and walking away from NEWT.