Post by
Burgersandfries on Nov 10, 2021 6:34pm
Future divi dreaming
So let's say Birchcliff is debt free end of 2022. Sure would be interesting to know what Jeff and the board have pondered about how much the divi will be. Could it 5 cents a month that's only 160,000,000 a year. Heck they paid the debt down by that much in one quarter.
Comment by
robert41 on Nov 10, 2021 9:01pm
Super happy with those results and the plan to focus on debt, preferreds. I'm iffy on the buybacks, buying back a couple of million shares with 265 outstanding doesn't seem to do much for me. As for the divy I'm glad they are holding off. Does anyone know the interest rate on the debt they must be saving a bundle of cash there too. GLTA
Comment by
antonaki1 on Nov 11, 2021 5:43pm
This post has been removed in accordance with Community Policy
Comment by
ghostzapper on Nov 11, 2021 6:04pm
Isn't the buybacks more or less just keeping ahead of options being exercised so there is no further dilution?