RE:RE:RE:RE:We got work to doWell, right now, I figure FCF will run around $ 6.00 per share per year with current pricing. So for a 15% yield we get a share price around $40.00 How long will it take the market to give us a fair price? My guess is a year. Why ? Paydown of debt, dividend restoration, but more importantly return of inflation which will cause legions of pensioners like myself to abandon their fixed income investments in search of higher returns . 15 % is a heck of a lot better than 1 or 2 %
Once The risk has been reduced a safe 15% will be irrestible IMHO