@catdan good question. First of all they need profit and positive cashflow to make sustainable dividend payments.
Considering managements track record of growth I would be happy foregoing dividends and see Alcidion reinvest profits while there are opportunities to do so.
That should support continued revenue, profit and share price growth. If any shareholder that needs cash they can sell down small amounts of their shareholding. Warren Buffet suggests a similar sell down strategy for BRK shareholders.
For me, if they can grow at 10% per year for the next 5 to 10 years which I think they will then I am happy for Alcidion to keep my cash.
ALC Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
