I agree. I already know institutions prefer a quarterly cash dividend as you mentioned. I was just pointing out what the company outlined they will do once they finish financing. I think shareholders should voice their opinion towards management once the loan is announced and these items start being discussed to push them towards cash dividends as opposed to buybacks. I haven't figured out whether Dan or Solomon makes the call though.
A better policy which I trust they will follow is a routine dividend.
Any reason why you, who has previously had such little trust in management, trusts they will pick the quarterly dividend policy?
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