I wonder if they would finally start paying a better dividend and start returning some of the cash to the shareholders. The SP has not moved much even with these great performances and it is likely that a lot of potentital investors do not see enough return due to low dividend. For a company that operates in a cyclic sector, the last few dividends are pretty bad.
Perhaps a merger with WDS is a better way if they cant start returning cash to share holders.
Ann: Fourth Quarter Report, page-4
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$7.94 |
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