Q: Good morning,
I have been following BDI for a while. I know that they have raised money for a price higher than the current stock price. Also, they have serious debt to take care off and have cut their dividend twice already. Last Monday, they introduced a Drip program for dividend payout. Is this good news or bad news? Explain to me what the drip program will do the share price and how it will affect the current shareholders?
Thank, you
Paul
I have been following BDI for a while. I know that they have raised money for a price higher than the current stock price. Also, they have serious debt to take care off and have cut their dividend twice already. Last Monday, they introduced a Drip program for dividend payout. Is this good news or bad news? Explain to me what the drip program will do the share price and how it will affect the current shareholders?
Thank, you
Paul