Different time horizon's but I mostly agree with what you've said Redbull. I think if the company were going to pay a cash dividend by year end (meaning have the pay date at least by December 31st) they would have already announced the record date by now. I guess it's a possibility they announce it with the Q&A's on Friday but I don't think they'd hold on to good news like that. I do think we'll eventually get the cash dividend (meaning 50% yield at these prices), possibly in January if they have to delay it. I'm hoping if there's a delay, they can at least announce the record date for let's say Dec. 31st and pay it January 31st. The beautiful thing with the cash dividend, which is why I've always advocated for it, is that no matter how low the price goes, a cash dividend will immediately put a floor so things could move quickly to $1.00 once announced/paid.
Stopped dilution which we've been seeing for a few months now will also help any price spikes as well that was previously met by a wall of shares in the past. What you were seeing technically in the $.40's after the TRW announcement was the dilutive shares hitting the market, keeping us from moving much higher. We shouldn't have that during future rallies.
250K shares were recently issued, which they should clarify the reason for through Merkur since they got in trouble for not reporting it immediately in the past. Aside from that, dilution has stopped the past few months which is positive and in my opinion one of the sole reasons for the complete destruction in share price we've seen.
Another positive is Garrett's influence in the selection of the new CFO. Business wise, cash flow (not just income) should be increasing as well which we haven't seen in years.
Personally I'm not really looking forward to the Q&A because it almost always leads to confusion and more questions from lack of clarity. The question short term is whether any likely bad news from cash dividends/TRW delays is already priced in at this point. If one considers this a venture capital investment, however, the risk/reward is still enormous.
