Q: Looking at todays earnings report all seems to be going good here, I've held a small position for a while and have done nicely, loving the momentum and would like to add more, the liquidity is a bit of a concern. In your experience what typically helps improve liquidity and would you expect a slow and steady rise here in that regard and share price?
5i Research Answer:
We have quarterly comments posted now; the stock is tightly held, but a lot if held by insiders, including ~20% by the Chairman alone. Some analyst coverage might help liquidity, and if market cap gets closer to $1B more investors should be interested. But without more shares issued, or a split, it is hard to 'create' liquidity on a $750M market cap. But the results so far have been good, and it may be a choice of shareholders simply not willing to part with a good smallcap company. With the dividend bump, we would continue to expect some slow and steady gains here.