On Monday, June 16, 2003, at 09:28 AM, Katz Global Media wrote:
I meant income based on dividends alone for people holding 1 share at
$100 purchase price. On the site it says that they pay out .6
grams of gold per month/share in dividends at this time which is about
$6.59 (or close to)
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
On Monday, June 16, 2003, at 08:03 AM, Katz Global Media wrote:
this is an interesting concept.
How do you value the dividends?
How is the stock's value calculated?
Does owning shares make one a part owner of TGC, or just the digital
shares used like an e-currency?
The problem I see outright
I meant income based on dividends alone for people holding 1 share at $100 purchase
price. On the site it says that they pay out .6
grams of gold per month/share in dividends at this time which is about $6.59 (or close
to) per month USD. I think they have a typo
there too becasue it says:
THe dividends are 7.2 grams PER ANNUM, i.e 7.2% PER ANNUM, NOT per month.
It is on the dbourse site, and also if you multiply 0.6*12=7.2 (grams) on
each 100 grs unit
marco
www.paybygold.com
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