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Eltek Ltd. (ELTK) Message Board

  • lovedavidtsui lovedavidtsui Dec 21, 2013 12:54 AM Flag

    Dividend

    Giving dividends is not only good for the shareholders, but also good for the company's finance and business expansion because it would be much easier to get the funds needed by offering shares at higher pps. For this reason, I wrote down my suggestion regarding giving dividends to the shareholders on the proxy card for the Special Meeting, which will take place on Jan 9, 2014. I said a $0.02/share dividend will only cost the company $200,000, but the pps will pop to at least $6, correspondingly.

    Sentiment: Strong Buy

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ELTK
1.53+0.01(+0.66%)Aug 29 3:59 PMEDT

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