WineCollector Quote you’’ The reference to EPS in this situation...

WineCollector

Quote you’’ The reference to EPS in this situation is errorneous, because as you are aware eps for BLY is pretty much zero ($3M profit last FY).”
I say For a company to make a profit last year is a plus in it self.

The share price was 44 now it dropped to 28.

The company had finances to worry about ,interest rates to pay ,after spp ,the situation would be different, and money being paid as interest ,would turn to gains and added dividend.


For the mums and a dads.
A 44cent house with huge potential of capital growth had a mortgage.
The bread winner lost the job. Paying the mortgage became a problem .

Bank stepped in and offered to buy half the house for 27cents .
You get to enjoy not losing your house,
You no longer need to pay mortgage .Debt free

Only logical that you would be sharing the proceeds(dividend )with the bank as the second share holder.

Hope I explained what I understood. kengaikl , your posts make lots of sense to me, ty IMHO