This stock would be at $40 plus if DC was quiet. No resolution and calls for RIN reform will keep price discounted. Still should be $30 though even with the political risk.
BOD needs to increase the dividend they have 400 plus million and the div only 'costs" 9mil. Double or triple it this year. The non ethanol ops can cover an increased div easy.
they have tons of cash they need to use it buy up some capacity if we see plant closures this year. They have made excellent capital decisions in the past with respect to asset acquisitions.