I think in the last 12 months or so ACR has changed it's buisness dynamics almost 180 degrees. Sure it would be great to see continual dividends, however i believe that there is a fine balance. We can't lose sight of how we got to where we are today. As royalty payments come in and the buisness becomes very cashflow positive i would love to see research and products expand. There are already plenty of projects underway, but with increased staff they can either fast track or create new projects.
So i guess i want the best of both worlds. With the share price doubling in the past year and up 350% in 2 years and market cap at over $600 million i believe growth is just as important as dividends.
Maybe i'm getting greedy but when you finally get hooked up with a great company you just want the best value you can get out of it.
ACR Price at posting:
$3.70 Sentiment: LT Buy Disclosure: Held
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