RE:RE:RE:Point of no return Question in my mind is whether the dividend was a statement of strength by mgmt or just the Shaw family stripping out cash?
the adjusted income was 9 cents so allocating 3 cents isn't unreasonable as they also put $11 million on debt.
Puma1back wrote: The market sure pegged the book value - we are now down to a bv of $1.30. No Goodwill anymore - so much for Cdn media values.
we do have a dividend - so they are cleaning up the balance sheet and setting up for Shaw to take it private for under $2.00 a share