I applaud you for getting David to appear from the shadows. A very general interview and a very general 24 minutes. Its very kind of David to inform his shareholders of whats happening FINALLY ! Probably the only interview for the nexr 6 months...So ill watch it twice Thanks for Getting David on your program Thumbs up to you....!!!!
Takeaway: shareholders wont be getting paid back anytime in the next 2 decades until we’ve exhausted Phoenix and are through Griffon, but then, we’ll be looking for the next asset too. No dividend, i suppose.
Share appreciation due to market forces and deployment of free cash flow to dividends are completely different things. One is a market reflections the other is the companies focus…