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re: Seadrill (SDRL) has a yield of 0%.

Posted on 2/9/15 at 5:23 pm to
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2801 posts
Posted on 2/9/15 at 5:23 pm to
Oslo-listed Seadrill Ltd. (SDRL Research) said Monday that Tong Jinquan has increased his stake in the company to 5.2% following a series of acquisitions on 6th February.

Wealthy Fountain Holdings Inc, a company fully owned by Mr. Jinquan, bought 1.3 million shares in the company at a price of $13.26 a share.

After the transaction, Wealthy Fountain Holdings' ownership in Seadrill reached 21,334,956 shares, being approximately 4.33% of the issued share capital.
Posted by RabidTiger
Member since Nov 2009
3127 posts
Posted on 2/9/15 at 6:16 pm to
Really wishing I'd doubled down around $10, but I didn't have the stomach for it.
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