How does a higher share price benefit SGI? Their current objective must be to get back what they paid. They do that by paying out dividends.
If the sp doubles for example, They can issue more shares at double the current to further fund their activities. The appetite for new issuances will depend on the sp/div ratio.
Instead they can just sit where they are and let cash flow pay for everything. They could continue to to do that until nothing left to mine.
Will be interesting to see how they manage but using cash flow for development and the remainder for dividends might be the optimal for SGI, but not necessarily S.H.
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Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.5¢ | $2.397K | 16K |
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---|---|---|
3 | 19159 | 13.0¢ |
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Price($) | Vol. | No. |
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15.0¢ | 35350 | 2 |
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1 | 20000 | 0.125 |
2 | 35474 | 0.120 |
3 | 27181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
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0.150 | 35350 | 2 |
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