Good news, bad news, page-319

I return a few weeks later and lo and behold… $76?!

So far this is one of my biggest regrets! What do we think is driving up the price so much?

Is it still the tight register? Is the market re-evaluating this company from a quality stock to a growth stock?

I think traditionally with their revenues in telecommunications most investors would have put this into the “nice company making some profits”, however the astute investors may have seen the winds change when management suspended dividends. Clearly an excellent decision by management to reinvest capital into a different pipeline of work at the time!

What a shame I didn’t have the fortitude to stay in the game!