I am thankful you have advised others to do their own research as yours has come up with a contrasting conclusion to the research I have conducted. Pull out of the US within a year when they have actually ear marked a further USD20-25mil over the next 2-3 years and are expanding the product range in the UK. Current cash on hand is $69mil with further growth expected. I really don't see the problem with investing in the future while other markets are proving to be cash cows. Develop new markets and at the same time have a growing bank balance can you please explain the problem? I would also be interested in how you propose they are best to spend the money? A Dividend, sorry but I would rather they remain a growth company.
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