Disappointing......this has been a poor performer for me for awhile now and is down 15% YTD.
Despite the cavalcade of deals the downward pressure has been steady. I'm not sure why. Perhaps they need to focus on atrracting more institutional interest? Boost the dividend again? Whatever they are doing to improve the business has simply not been translating into a better share price.
I like and understand what RAY does but I'm going to have to rethink this as an investment vehicle. I'm going to hold through the next quarterly release and will then reevaulate.