Post by
Thestockguy on May 29, 2022 8:57am
Special Dividend
I am new to this name. I am trying to understand the return of capital messaging from management. I understand that they have indicated a cash floor of $25MM. They seem to have cash in excess of that. What additional criteria are determining excess cash holdings versus return to shareholders? Thank you.
Comment by
Joe455 on May 31, 2022 11:26am
Do the insiders hold millions of shares? That motivates them to pay special dividends etc.
Comment by
Lucentio on May 31, 2022 12:06pm
Yes but they havn't paid any special dividends yet. If the insiders get a dividend so do I. They have started a regular quarterly dividend of 3c a share.Cdn.