Getquin users' favorite stock cuts dividend by 80% - because of Pokémon cards?!
The company claims to want to broaden its strategic positioning and has invested heavily in rare Pokémon cards in recent quarters. The aim was to break away from the actual core business and open up new markets.
The plan? Diversification through trading cards.
Unfortunately, the hoped-for ROI failed to materialize - and now the company is reacting drastically:
The dividend is being cut by a whopping 80% in order to invest exclusively in Ape NFTs in future.
If you've read this far:
Happy April 1!
Of course, this is not true - neither the dividend cut nor the trading card offensive.