RE:WBE Board of Directors got it wrong
laurencelefou wrote: Less than one year ago, the Board of Directors decided to resume a quarterly dividend. Yesterday the Board decided to temporarily suspend the dividend. It would appear that Board members have a poor outlook of WBE future sales. Wet wipes sales were a major disappointment.
I clearly was too optimistic in my outlook. Before the end of the week. I will come back with a more detailed analyst of the latest quarterly report.
I've been in just after last quarter and had a limit order in to double down at 73 cents, I'm glad it didn't fill.
I think I seen the revenues were up, but they didn't make as much as they expected? I'll be interested in your deeper dive...