Post by
northcapital on Apr 13, 2021 1:40pm
Special Dividend
Taking into consideration the expected tax changes in the upcoming Government of Canada budget and also the current preferential treatment of dividend income with personal income tax, it is reasonable to think that a special dividend may be declared. It would be the logical move.
Comment by
gary7789 on Apr 13, 2021 3:41pm
Lol .. have you taken a look at what the bros pay their top employees compared to themselves? What makes you think they will share a nickel with shareholders when they can get it all themselves?
Comment by
northcapital on Apr 13, 2021 5:08pm
The exercise price for the warrants is $11.50. The company went public at $10.00 per share. If ever exercised, the transaction would provide a cash infusion to the company.
Comment by
gary7789 on Apr 13, 2021 5:48pm
I'm still accumulating. But there is no sure thing. Ever. Only different degrees of risk. We think the risk here is worth taking.
Comment by
Mdemont on Apr 13, 2021 6:05pm
Indeed...our margin of safety here is solid. Beyond that, not much one can do in this game. But good for you, no more powder in my gun to load the boat with more...
Comment by
JUJU1985 on Apr 15, 2021 11:39am
If they can't keep their stock above $4, I'll take the loss and move it in my green plays.
Comment by
gary7789 on Apr 15, 2021 3:19pm
The 5 month trend is certainly concerning especially with a US listing and strong earnings announced within the period. Nothing is working for this stock in 2021.
Comment by
gary7789 on Apr 15, 2021 3:50pm
It's time for the company to announce a special dividend of $0.50 per share in May if they can't announce a better use for the cash they are generating.
Comment by
gary7789 on Apr 16, 2021 4:23pm
I would ask you to consider putting that line at $3.50 or slightly below. That's where momentum investors started jumping in I suspect & they are now in the process of jumping out. Buyers are going to start to come in now or very soon assuming the revenues & earnings hang in there.