RE: communication18 Dec 2019 14:19
no. query whether there are restrictions b/c of the market cap. my co's in the US conduct calls w/q+a regardless of market cap.
my contention as to the prospect for a positive outcome from current levels is positive and unchanged. imo it will be longtime coming if this remains an organic growth story (after an already long, belaboring and costly restructuring). that said, I believe the board is nearly exhausted with the duration of this one and, as a result, is positioning the co as a package to roll right into an acquirer. this is why I think a dividend is pointless, and perhaps also the meager initial buy-back. that said, if it is to be an organic story and hold for a few years to come (please, no), the board should strongly weigh the prospects of a dividend vs buyback. there is otherwise, w/o selling shares, not even an infinitesimally small IRR to calc ex the 13p tender way back when.
as for all the whining on this board, to what end? it's pointless.