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Bullboard - Stock Discussion Forum Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a specialty pharmaceutical company. The Company’s principal business activity is developing, acquiring, in-licensing, out-licensing, manufacturing, marketing and distributing pharmaceutical products in Canada, Latin America and select international markets. It finances other life sciences companies and secures product distribution rights for Canada and select... see more

TSX:GUD - Post Discussion

Knight Therapeutics Inc > GUD AND PATIENCE
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Post by Stockoman1 on Mar 14, 2023 6:28am

GUD AND PATIENCE

Not even a dividend while we wait and wait and  wait and wait !
Comment by EbbFlow88 on Mar 14, 2023 10:35am
You are getting compensated for waiting as buybacks are tax free dividends. You could sell the equivalent number of shares. We're average buybacks this year of 4-5%. In theory, if the company was paying dividends, the share price would likely be lower than the current $5 
Comment by MrMugsy on Mar 18, 2023 9:57am
Well said. This team ran the business for 19 years the first time and they never once offered a dividend. That simply isn't in their DNA. Are they looking at acquisitions of depressed assets right now? Absolutely. Will they strike a deal or a few deals? Depends if they can find desperate sellers. That's the game here.  Grow the business organically while searching out value add ...more