Post by
extremerisk on Nov 18, 2021 11:35am
Thanksgiving Stelco gift next thursday
As Kestenbaum is American and markets closed next Thursday I expect we hear something for Thanksgiving on what to do with all that cash.
Added more today. Steel futures down a little bit still very very high
Comment by
sunshine7 on Nov 18, 2021 3:04pm
... and more cash coming! Acquisitions are rarely wise at market peaks and major dividend increases in a cyclical market are risky, so considering major shareholders (incl.CEO), my bet is after capital investments and slight div increase there may be a special dividend issued. Not my fav play but a way for these major shareholders to raid the bank.