RE:major bump in dividend by end of year Or initiate a NCIB or SIB if the stock is under $20 witch i doubt.
If they were to land phase 3 of Lilly or another big contract
elsewhere they would need to keep some for working capital.
In any event, they will have to much cash once again by year end and you may be right
on a dividend increase.
DRX closed at $14.50 on april 30th.
If the stock stays below $16 by the end of July,Q2 will be spectacular because
the hit from DSU and PSU will be far less then in Q1
Short term, the stock will probably drift aside until all the early investors have cash out.
The higher the volumes, the better and sooner the stock will resume it's uptrend.
I wouldn't be surprised to see DRX make more than $2.25 this year.
Especially if they can land another big contract.