sorry i am confused can someone help. At those dividend rates and 2btc per 1 share, we are looking at 2 /0.00696732 / 4 = ~72 month to make back the initial investment and this assuming the difficulty remains the same which we know is not true as those asic boxes start to go online.
So what am i missing here? why are so many people paying 2-3btc for 1 share of asic miner?
There's good reason to believe the dividend payouts are going to be rather steady for a few more years. If you review ASICMINER operations closely you would likely agree, so I won't reiterate that here.
A stock that pays for itself in a few years isn't bad. There are not-so-low risk government bonds that give you around 10% interest after 10 years. Then real life stocks with around 5% dividend yield are already considered quite good. Warren Buffett's favorite Coca-Cola seems to have around 2.5% this time of the year. For that reason I'd think many would consider ASICMINER shares still undervalued.
Of course there is the fundamental question whether real stocks are just even more messed up than ASICMINER shares. To that I only have an opinion, not an answer.
