RE:Acquisition prospects?
In addition to AOI, I also hold TVE who have recently undertaken to return 50% of FCF to shareholders in the form of regular div, buybacks and special dividend. I think Prime dividends to AOI could be in the region of 400m usd in 2022 ..that is about $1 cad per share. AOI is a holding company and with net debt of zero and minimal operating expenses so they could easily do 50% return of capital. Prime debt is now very manageable and will be $0 in 4 years or less IMO
That still leaves 50% towards acquistions including the paydown of any debt associated with that
I have ignored all the other bits and pieces and Kenya. if it gets developed.
Anyways .. will find out a bit more hopefully in a couple of hours