Post by
dpunt32 on Apr 14, 2021 1:35pm
GDC 52 week highs
this stock is quietly reaching 52 week highs, still trades at a significant discount to book value
Comment by
DanGood38 on Apr 18, 2021 9:04pm
You can even look at GDC as an income stock as it has paid $1.10 in dividends over the past 5 years or on average 22 cents per share per year. This is equivalent to a yield of 7% on a $3 stock. Since these dividends are "special" GDC doesn't show as a dividend paying stock. But according to management the return to shareholders of excess cash is one of their main goals.
Comment by
Accept2 on Apr 19, 2021 8:02am
I wonder what the NAV will be once they start turning their new development into houses. I also wonder how many options are about to be triggerred soon, as the price rises towards the NAV......
Comment by
dangood on Apr 19, 2021 5:19pm
They have 2.535 million options exerciseable at roughly $3.35 so we still have a bit to go on price.
Comment by
Accept2 on Apr 20, 2021 8:12am
Alot of cash in the bank to fund development as well from those options being exercised.......