The way I feel jdb,,,but we don't want to sell to cheap...hold these people at bay for 3 years.
If you get a chance to look at a royal screwing the shareholders got look at HTE. BV 15.60CDN sold to the Korean National Oil Company for $10CDN, which came out to $9.50 for U.S. holders, after brokerage fees, and I can't remember, CDN taxes because we had to pay 15 percent of our dividends every month to the left wing Harper government.
Ross, I, too, want them to improve the business some, and then let others have a look. I owned HTE, sold at a nice loss long before they sold out. It was just a mistake. I sold all my Canadian trusts at a time when you could slide right over, price wise, into the US MLP's. It has worked out very well. But, the Canadian trusts have been trouble. That's where I learned to see if a company covered cap ex and distributions in cash flow. Many didn't. They just kept dripping shares.