Mcgyver

Potash Corp. Update: Time To Buy?

Tim Plaehn said the same thing prior to the second quarter and was wrong, shareholders received 75% of the distributable cash or $3.63 a share. Its based on a fixed sliding scale that is published. Even in the scenerio where 50.5% of the distributable cash is payed to shareholders its still damn good, higher than TRA. TNH's float is very small which makes it very volatile. I believe it is still a better play then POT, MOS or AGU.