Bullboard - Stock Discussion Forum AXIA NETMEDIA J T.AXX

Technology Communication Equipment

"Axia Netmedia Corp owns, operates and sells services over fibre optic communications networks. Its reportable segments are The Covage segment and The North American segment."

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TSX:AXX - Post Discussion

AXIA NETMEDIA J > good cash position now

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Post by thedave2006 on Aug 22, 2013 11:21am

good cash position now

special divvy or what else can they do with it besides possibly buying back shares????

cheers,
dave.

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Comment by the_ocotillo on Aug 22, 2013 12:38pm

I would like to see a regular quarterly dividend. With a 3 cent quarterly dividend (which is very reasonable, perhaps even a lowball number), the AXX share price would have to be around $2.5 a share to equate to a 5 percent yield. Last quarter North America and Europe produced $6.7m of EBITDA before corporate costs, $5.2m after corporate costs (and I think corporate costs would go down after ...more

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