actually though. After waiting so long to give us a divvie when should have been done after first buyback fail...seeing the amount compared to the substantial red value i have still... this does feel like a kick. Should have been at least 50 to 60c min. Still have a ton of cash, and no plans for it. This will continue to be a narrative that instostains could use to hit price. Not good enough.
Wonder what what the management bonus will be. Probably rewards themselves for merely getting out of the drops that their failed decisions caused. Will be a lot more than what we get. The price still isnt where it was when they took over. Should be nothing till get back in the double digits.
Concern now is that they will just sit back and do more bare minimum when still a long way to go to even get back to just 10.
Really they should be buying shares out of their own pocket. Show confidence by putting skin in game. Expect a bigger divvie next time for sure.
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