RE: RE: are they going bankrupt?
the payout is only 70%. the dividend is not the issue. could they cut it....sure. at this share price its easy for mgt to justify it and maybe it would be prudent.
i think the only issue is whether or not the revenue is sustainable. if it is, this is a bargain at a PE of 7.00 and a diviidend to boot.
revenue hasnt materially declined for 8 quarters as per recent md&a.
comments??