Post by
naissance on Aug 05, 2021 1:55pm
Still no dividend yet
for the small shareholders
Comment by
flamingogold on Aug 05, 2021 2:06pm
Seriously? Better they pay down the debt, stack together consistent and growing positive free cash flow quarters and then... maybe... shareholders could stretch out the hand. For now, reward comes in the form of share price growth.
Comment by
clubhouse19 on Aug 05, 2021 2:47pm
This comment surely proves you will never do better than being a paper boy !!
Comment by
naissance on Aug 05, 2021 4:21pm
Better be a paperboy than a concierge like you.
Comment by
Nordico on Aug 05, 2021 3:39pm
wtf just buy some of the Prefs if you want a dividend (which happens to be quite high); I have a big position in the Pref Cs for this very reason. Paying out cash on the common shares with the current debt load would be ridiculous.
Comment by
mnztr on Aug 05, 2021 6:28pm
No chance of a divvy for at least 5-7 years. Cashflow is still very weak, they still moving the factory, have HUGE debt. until they can get easily into 1-1.5B/year FCF and have debt below 4-5B a divvy would be insanity. 2.1B in cash is still quite weak IMHO for a $10B business.