What more can u ask for. Big Div'd, Plus, end of July a great qrly report will be reported, and this stock is going to make a big move! The FTC inquiry will cost frz some legal fees but their is nothing to this in my opinion, and it gave us an op to get this stock for below 50% on the Dollar. I expect this stock to move to the $20 range before October.
Quarterly results cannot overcome the fact that cash flow will not support continuation of the dividend. This is especially true if the rate of cash burn accelerates due to legal expense and potential damages owed to the government or private parties.
My GUESS is that FRZ as a public firm is going to be stuck with the legacy of prior actions that were over the legal line with regard to restraint of trade. CYA emails are common in corporate america and FRZ is no exception.
This stock is dead for a long time. FRZ may well survive, but it will be on life support as the lawyers bleed it dry for their own selfish gain.
Anyhow, who cares if ambulance chasers (and their enablers with the defense bar) suck up all the cash? We get what we deserve.
Actually IMHO the whole thing with the government will not have any impact as most of the problem is with a Canada company and not with Reddy. A good quarter will bring more cash to the coffers and I do not think the dividend is going to go down IMHO. Just because Reddy is the biggest Ice company the government has to look into whether there is any problems because of a few complaints from competitors. IMHO nothing will come of this. This is a cash cow company and for the right price it could be bought and IMHO that is around $32 per share. So if the competitors are that worried then buy them.