RE:WTF? -- Corus shares are surging, yet it's dead in here!Gonna probably head up to 7.50 to test next resistance for a bit and then 9......but we should definitely be over 8 after the next Q report showing less than 3x leverage. The more debt they pay down the higher this miniscule PE ratio gonna be, lots of room to move higher.
A couple more quarters showing debt payment >50M/Q and >200M/yr meanwhile showing organic growth.....recipe for higher prices down the line.
I'm sure once debt is below 1.5b (2.5x leverage) that they will look at either small div increases or better yet share buybacks.