One thing that frustrates me about FONR is that they don't pay a dividend. They had 19m in cash flow from operations and a 7.6m increase in cash for the year. They could institute a 10% dividend, and they would still have plenty of cash flow available for expansion.
Their significant cash flow and balance on hand make them attractive as an acquisition target. It would be prudent for them to institute a dividend to make that less likely.
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