RE: Its falling backCalian is a good company but for shareholders the management is telling you that there is no upside for the next year. 3% dividend is good only if you are buying in today but no better than a Canada savings bond BUT there is a chance of capital depreciation here. It can still drop a $1 or $2. Dividend will not make that up.
For example those that bought in the last 6 months are all net loosers because the stock has fallen $5 to $6 per share.
Therefore I can not see anyone new buying into Calian to hold up the share price. Hence, management will meet the forecast of $.90 and stock will drift down to. My shares are gone, see you at $8