Interest rate increase next week
That will make the ARX dividend look even more dismal.
Erric Nuttal Strategy is a Capital destruction strategy and i think in must be working for Justin Trudeau.
What the hope for ARX, its not dividends, it not share holder returns, should we buy back all the stock to Management can take it private, is that the strategy.
What the big deal with buybacks anyway, POU bought 40 million shares are NVA at 60 cents, it was accretive, it added value, it resides in the balance sheet.
NE BC is a mess and horgan resigning makes it a bigger mess with a terrorist leader for the NDP party Jagmet
IMHO