Anyone else wondering what will happen when they sell all this land at bellamack? obviously, as it winds down they will end up with a bucket of cash. Maybe 10-15 million. seems reasonable they will pay out a nice $0.10 dividend when the land development wraps up. Anyone else think this will happen? Or do you expect it to all go against debt? I note the debt owed is dwindling and when the property sales are added to the profit I'd have thought a huge dividend is only reasonable!!
BYL Price at posting:
40.0¢ Sentiment: None Disclosure: Held