RE:RE:RE:RE:RE:RE:RE:I assume dividend by Q3 ???I agree with the desire to have sustainable dividend. In the current marketplace of the the ESG investor. Companies need to tred lightly with respect to both raising debt and equity because banks and investors are feeling pressure from ESG.
Now is the time to assume banks and sources of new capital will be hard to get. Turn your company into a sustainable cash cow. Hopefully their won't be a push to privitize. I'm most concerned about companies going private because the biggest reassons to be be public is for access to capital and getting better multiples on an exit.
If the board always has to contend with Vocal ESG investor and/or banks who don't want to give you money at a fair rate and if the the banks force you to do things that are not in the best interest of the company (shareholders)... then why remain public. Less cost, headache and operating restrictions if you are private.
Lets hope they keep this company public ands focus on a sustainable dividend and reincarnate this cash cow.