Sorry stockguru but I get the info on BV straight from the 8K Filing. I'm not sure if you even know what that is.
It's absurd. Anyone long on ARR have to be laughing their butts off reading this farce that the BV is $1.93 or $2.05 per share.
Management has acknowledged that they will be paying a competitive dividend relative to their peers. That would be around 9% as I see it. 5 or 6% is not going to cut it.
what did you expect IR to say? What bothers me is none of us have any clue as to what is holding up a Proxy announcement at this point. They do not volunteer anything. Now I expect we will go into a CC with no further info on the Proxy. Investors anxieties will just continue and that's that.
this close to the implementation of the spin-off. But it's obvious to me that the nose dive in our reits is driving ACAS at the moment. Get the G-D Proxy Out Malon!
Something is supposed to happen in the 3rd qtr. according to management. Is that when we can expect the Official Proxy Notice?
Kain blew it bigtime.
Well put. They said they expect to put the spin-off in motion in the 3rd quarter for which we are close to a month into. If it's delayed they better have a detailed explanation as to why.
BV keeps on a sliding. Can't cover .03 monthly, let alone .04 monthly. So when does it become a BIG DEAL tulsadevlin? When the Dividend is cut to .01 a month? Or when BV goes down into the $2's?
How ridiculous. The only thing in common here is the coincidence in share price decline. If both companies were BDC's it would be something of real interest. The fact that these are two completely different industries and product lines makes your comparison ridiculous as I said.
Gary Kane was being touted as the darling of reit managers. Now it seems he doesn't know which way to go in the mortgage market.