EP 150 | What are we doing with 3M and is now the time to buy? A dive into the PFAS and Earplugs litigations | Also: our thoughts about Target ($TGT)
Dividend Talk
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The Stock Price Goes Up
I was surprised when I seen the stock price go up so much, I had to go on Twitter straight away. As you said, what struck me first was that this is a tentative settlement of at least 10 billion. And if it affects people in South Carolina, it's going to affect people all over America. That's before they even get to Europe, which is different when it comes to law sales as well. It's that big figure of 143 billion, which is quite scary. Now think about it, the free cash flow last year was around 3 or 4 billion. And their long term debt is 13 billion, 1, 3. So I mean, where's your dividend cover there
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