Whoops! I'm feeling cautiously optimistic these days. Real Estate sales in my city dropped down to about 1/4 the usual volume for a spring market early in the lockdown and has now recovered to about 80% of normal volume. The virus seems to be continually fading in the countries that reopen and some initial studies stating we may be closer to herd immunity than we thought. In my province (Alberta) we are doing some of the highest per capita testing in the world and yesterday we had the lowest total new cases since the early days of the virus and we are also well into our reopening.
Abrown - I'm just going to hold my shares of FRO. That stock traded at 13.3 when earnings were a fraction of what they are now. It's an interesting industry to follow, from my understanding the reason it didn't blast up is the unknown demand for offshore storage 18 months out and beyond. We have to hold the stock on June 4th to receive the dividend, correct?