Post Dividend Guidance Q: Once we receive the dividend from ECN, would you recommend using the funds to re-purchase the shares of ECN?
We do like the prospects still of the company with its remaining two divisions and would be fine buying. It will be a smaller entity, and our answer may change if the stock drops by much less than the $7.50 once it becomes ex-dividend. But we strongly believe in the management team here and would have zero concerns buying some more for the long term.
So said the team at 5iResearch. GLTA