The other thing they need to do is put the lasy cash to good use. My understanding is They didn't pay a 2016 dividend in March because they wanted to expand down stream into shoe sole design and manufacturing. Earnings could sharply increase if they bought a good established business on a low PE which should drive the share price up more than declaring a 2017 dividend which seems to be a done deal. I eagerly await an announcement..
XPD Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held