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To have a better view about current unit holders dividend / reinvestment preference, we are opening a vote where every unit holder can submit their preferred ratio. The vote will only be valid for current unit holders and held until Thursday, June 5th 2014 - 12:00 GMT. Votes will be weighted based on the amount of units of each individual unit holder. Based on outcome, we will adapt reinvestment/dividend strategy.
AWESOME! Even though it may produce little to no effect, THIS IS TRANSPARENCY and we appreciate it.
For myself, I'm content with any reinvestment amount under 60%. I'll be voting to reinvest 50%, even as a vote of confidence, but also because it falls in my acceptable range.
Reinvestment will never keep up with difficulty. It's a sad fact but its true. The sooner you get the divs out the better off investors are.
If I owned any shares, 65% divs would be ideal, it would prolong the project slightly and at the same time pay investors a good return. And all in all, when the projects lifetime starts to come to an end, you can just reIPO the remaining shares and buy new units then.
I got a couple of my friends to invest in this project, they still own shares as the reinvestment percentage changed and I've told them to hold, I don't even trade securities anymore I'm just here trying to keep up with the world.
And anyways, all I've said is you can't keep up with difficulty, which is a known fact. From there onwards your only choice is to pump out dividends early because of diminishing returns. And also, why reinvest now at a loss of ROI when you can just use the remaining shares to buy new machines later?
Ugghhhhh. It's honestly how I would want it. My days of securities trading is over. If I wanted to play you guys I'd be here asking for a 100% dividends payout so investors would get an increased shareprice then I could sell the shares at a 20% ROI within a week. But I'm not, I honestly believe 65/35 is the best policy.
Good luck.
