RE:RE:RE:Has quarterly dividend been announced?
Never considered founder's age, good point, or they could just sell their shares/stake.
The "problem" with purchasing Vecima is that it isn't a tidy company. They have several lines of business which makes it complicated for a hardware company that doesn't want the cable or transport divisions etc. They recently brought in a director who had an M&A background and some sepculated at the time that Vecima would buy something accretive. As the video hardware division is Vecima's main effort, I would prefer them to purchase an aligned business that broadens their hardware offerings.... bundled signal processing stuff, telecommunications, VOIP, etc Not sure what revenue their cable and transport divisions make, but would sell them or spin them off.
Float is small and makes trading prettty dull. Most of the action was from favorable reports on BNN. Can't remember what the analysts name was now. Even he said VCM had become a "hold."
I would argue the stock is dead until a major announcement or a stellar quarter (end-month). Arguably a good place to enter if you have patience.