MNhave you considered that you may receive a dividend?that is...

MN

have you considered that you may receive a dividend?

that is after all why people buy shares isn't it.

If the company has too much cash they will either purchase another business to bolt on... invest in other companies...or simply reward their shareholders.

The share price is definately NOT purely determined on present and future earnings.
Otherwise companies that have no earnings ie the majority in the resources index would have no share value.
The value of a company is based on its assets firstly then potentials are factored in. Assets such as Buildings,Plant and equipment, Intellectual property and Cash at hand.
You can have a massive asset base, no earnings and not planning to earn anything for years yet still have an active register and strong share price.

Directors have no such obligation to tell you NOW what their specific future intentions are.
You as shareholders have employed them to do their job and you have a chance to voice concerns either via direct contact or at shareholder meetings.