Post by
drunk@noon on Apr 24, 2022 3:51pm
sure hope we don't see another bone-headed special dividend
with the 10 dollars of so of cashflow that is going to pour in during the first half of the year. I have always said a dutch auction for 20-30% of market cap is the way to go when these resource companies have windfall profits. I also have no problem with keeping the cash on the balance sheet to use later for share buy back when lumber does return to mid cycle prices.
Comment by
dosperros on Apr 24, 2022 10:11pm
No they won't I hope... the pressure thanks to the well recieved WFG SIB. This is no longer an unknown for the sector now. Any div needs to be base regular. But a 3% one out there to start. It will act as a floor.