> > So Gordon, it's not really accurate to say it would take 167 months > before you could "see a profit." If you bought one share at 100.00 gg > today and then a month later received one dividend payment of 0.6 gg > and sold the share for exactly your original 100.00 gg, you would have > already made a profit of 0.6 gg -- the equivalent of a 7.2% annual > return on your money.
Also, the price of the stock can go up (and down). After their IPO is finished and they pay their dividends as promised, somebody may bid 120.00 gg for a share and be happy with a 6% annualised dividend payout. TGC may decide to raise the dividend, and that could also push the stock price up. Obviously the opposite can happen as well, and if anything is attempted to shut down the offshore island Sealand (or even the rumor) , the value of your shares in TGC will probably drop significantly, it could be even difficult to find an interested buyer in a worst case scenario. It is everybody's personal decision whether they want to take these risks inorder to gain a few % annually. My guess is that unless they start paying a higher dividend the stock is likely to go down.. Of course they could prevent that by putting in bids at 100 gg on their own market... Danny --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
