Jun. 26 at 8:23 AM
$HTCR I've reached to IR asking about the dividend and got the reply that management's current priority is growing the CMS business, which it considers to be the backbone of HTCR, and that all available cash flow goes into that. So, we shouldn't expect the dividend to be reinstated anytime soon despite the obvious benefits of such reinstatement, such as:
- boosting the share price, while reducing volatility, and thus bringing an end to the constant Nasdaq non-compliance situations;
- proving that HTCR's business can provide stable profitability and thus enhancing investors' trust; etc.
It's a shame. One could only hope that such focus will bring sooner rather than later that stable profitability of the CMS business (now mainly due to the Go IPO business, not the CMS platform), which should in turn bring the reinstatement of regular dividend payouts. Anyway, this lack of vision concerning the HTCR's share price undermines the trust in the management's upbeat forecasts.
