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> A strong cash position business like that is effectively a finance sort of business You are conflating companies that make a lot of cash (and therefore can a
by turtlesdown11 5mo ago
> A strong cash position business like that is effectively a finance sort of business
You are conflating companies that make a lot of cash (and therefore can afford debt service) to a company that has limited cash flow, but has a large pile of cash.
The shareholders would be best served by a special dividend of the cash. Management has shown zero ability to grow a business.
- trollbridge 5mo agoIn this case, the shareholders don't want a special dividend and prefer to own a company that has a strong cash position. There is nothing at all wrong with shareholders choosing that. There are plenty of other stocks to invest in if one wants a highly-leveraged company that is trying to grow really fast.