0.13 XBT --> 0.05 XBT / share today. I'm not aware of any breaking news or business fundamentals that would account for this. As a matter of fact, the HIM fund's mining hardware is rolling in and their dividend has shot up 600% in the last month. Weird.
Nervous Nellies over regulation and the BTCT thing?
I haven't looked at their published Financials in detail, and my opinion is just pure speculation and as a disclaimer I still hold a few shares.
It is my feeling that paying a fixed dividend with mining income diminishing exponentially and increasing expanses, while issuing new shares from time to time, can look like a bit like a Ponzi scheme.
It is my opinion that the smart investors are looking to pull out.