re: Ann: Directors Resolve No Dividend on Cla... THEPENNYGURU
I think you are probably right. The question is at what price the board will try and buy back the A Class shares at?
I suspect that buying back the A Class at a realistic price will throw the business into some debt and the likelihood of a dividend for ordinaries will deminish.
I also suspect that the board doesn't want the ordinary share price to rise as the bgger game I suspect is to take out the ordinaries at a low price as well and then flip the business as they have doen with RP Data.
re: Ann: Directors Resolve No Dividend on Cla... THEPENNYGURUI...
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