RE:RE:Earnings!!!
nedstar71 wrote: Someone clearly liked the earnings.
Up 8 cents is unheard of for this stock now, ridiculous as that may sound. So far this entire year the best it had notched was up a nickel on one occasion and other than that 4 cents a few times. That has to be a record worth noting.
I mentioned something about likely moving up...
Something else I've noticed this quarter, we paid a little more than half a million less in interest expenses ($515,000), that's about a third of a cent per share... I don't know if that's taken in account to distributable income before or after the calculation is made (I assume before), but that should be more money for for us as distribuable income going forward, every 9-10 months we gain a penny just on debt reduction?
Also I'd be ok with more royalties acquired, just would rather not dilute to do it, we have about $12 million of cash avalible but most revenue streams we get into cost much more than that. We have the $50 million acquisition facility, so that would put us in the $62 million area for a deal, but they dilute to pay down that facility super quick so it's ready for the next play...