I see tonight's announcement as positive for the sp. The stock...

I see tonight's announcement as positive for the sp. The stock sell-down leading up to today suggests the market was concerned about debt levels (as well as falling profits), leading to a cap raise which at the moment is a bad bad thing. Reducing debt by forgoing divs is a prudent action without share dilution and backing up their profit forecasts is a good thing. Some holders will want to get out due to the reduced(?) yield. Me thinks.