RE:RE:RE:Stonegate Capital BDI Report - LodgeLink 7.8M Q2 Gross RevHopped... Thanks for your perspective and opinion... appreciate your thoughts.
I concur with your take regarding the payment of a dividend. It would seem to me that BDI would be more prudent with their cash flow by keeping the debt as low as possible... there will be time for the dividend later. Besides, as you ststed, the divy would be so small, I doubt very much if it would attract much interest... much better to see an appreciation of share price in my opinion.
I think the Q3 report may bear fruit and this might give us that little jolt to have some institutional buying... won't take much to propel BDI to the $5 mark and beyond... LodgeLink will play a big part in terms of future revenue.
I was fortunate enough to purchase BDI a year ago today at $1.69, so I'm happy to see where the stock has gone in that period. I know it got to around the $4.60 mark a little while back but then fell back. I see it just climbed over the $4 bar this morning... maybe this time we go above and beyond the $5 point.
Cheers to you!