Don't understand why everyone's teasing themselves about the SP drop of 35 cents.
Does it mean that in 5 years time the SP will be 35 cents lower than it otherwise would be? The SP in 2027 isn't really related in any way to the SP now.
Shareholders now have paid for project development instead of future shareholders paying off debt, which should make future shares worth more because the company makes more profit.
Ann: S&P DJI Announces December 2021 Quarterly Rebalance, page-45
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