I dont see why the company needs to provide any sort of "please explain" - the stock is still very attractive by any metric given the current yield and guidance. It isn't management fault it took forever for the market to catch on.
if they meet market expectation that will allow for a DIV increase and they dont put it all back into growth they will be even harder to get on market.
we did sell at 6 and let you have some cheap yet again. but only after having sold for 6 for the 3rd time.
buy price has always been under 3.50
we will happily sell a few for very silly price.
Try getting NET 5% at your local bank. Its dirt cheap today.
W(N) your still buying? or your buy ave is well under 6 and really you just dont need anymore. We certainly dont have enough but there are some really beaten down stock out in the big world that just got beaten up again this summer. Its round two in the biggest buying opportunity since the GFC. Oh that right it happens on average every 10 to 15 years! Whats it next time? Well next time it might be really serious.
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