RE:Take overCLASSIC case for privitization..70% + controlling shareholder with a history of buying up positions as they came to the market..relatively small public float means a hugely expensive dollar cost just in extra regulatory spending to maintain this company public . Add on company super cheap ( 2.5 P/E???) but then most of the wholesalers , or wood based sellers are also super cheap.. difference is WHY IS TBL within pennies of a new 52 week hi?? Lumber future prices are off recent 1st week jan 2023 lows going from $470's to $540's now but again the wood producers not exactly rallying..One point i'm reading is that the DIY market is pulling back BIG driven by higher interest rates etc
BOTTOM LINE: seems to me something company specific-company has earned 73 cents in the last 9 months and did re-commit to a bi-annual dividend review along with their last special divi so its hi time a payout occurs. See what happens..dwdc