Solid performance in 2024 - congrats! I'm even more impressed with the positive performance every year over the last five years, especially during the microcap bear market from 2021 to 2023. Keep up the great work!
Good write-up. Will definitely look to add STEP if it falls more from here. Believe Arc is trapped and now has to return the FCF to shareholders given how much they own that should come thru special dividends or serious buybacks. When things get better I expect them to consider selling the entire company.
Great stuff @Pettycash!
Congratulations on the year Dean!
Thank you very much.
Solid performance in 2024 - congrats! I'm even more impressed with the positive performance every year over the last five years, especially during the microcap bear market from 2021 to 2023. Keep up the great work!
Thank you. Appreciate the kind words.
Good write-up. Will definitely look to add STEP if it falls more from here. Believe Arc is trapped and now has to return the FCF to shareholders given how much they own that should come thru special dividends or serious buybacks. When things get better I expect them to consider selling the entire company.
Pretty much same as me. I would expect them to sell into a stronger environment.