And to grow by acquisition .. (if/when the right oppurtunity presents itself).
Remember, by definition a company returns funds back to shareholders when it see's no better way to make use. Also, in our case MA did state, as a reward to loyal holders. In my view, the proposed divi does reward shareholders and I would like to see the company strategy also focus on expansion by acquisition and/or joint venture. Organic growth is pretty much a given (going by the prospectivity of our dirt and the planning/execution of management).
Will the market malaise rain on our parade .. possibly? But not for ever.
This company will live beyond the divi pay date ... right now, we are prob not able to see much past it. Come November, these posts will have a different tone.
Good luck fellow holders.
EXS Price at posting:
62.5¢ Sentiment: LT Buy Disclosure: Held