Sorry but it wont be $2.50 today. It looks more like $2.15 close!!
Instead of $280 million now it will only be $195 million after tax of 30%. Now 95 million in tax is not a small amount. Hardly anyone knew about this huge tax payment!!!
Again miscommunication from management and hence the reason for SP getting bashed.
Its time to blame management instead of shortsellers for SP performance
