no one wants to buy this stock because no liquiditywhy don't they do a split i don't understand
With limited growth and high return of equity, the best way for DIT to reward shareholder is to buyback and split. Here is an example of how a company in Quebec, Canada becomes a 13 baggers in 10 years.http://www.montrealgazette.com/business/Mystery+BMTC+stock+great+success+elementary/3303238/story.html
great post - a steady 20% plus earnings yield well managed should outperform most other investmentsdaytime
any stock split at less than 100 is a gimmick.I don't want gimmicks, I want them to continue to execute and expand and increase earnings. The stock price will take care of itself.
Hey all:I don't think they will do a stock split until it trades above $75 for an extended period of time.A year from now, I think we'll be looking at a 2-1 or 3-1 split.That will increase liquidity.Roberto