Best post in a long time - Thanks!
I agree and just want to add that I hope our BoD has a plan in hand, ready to move forward with it that includes just what you have stated.
To reiterate I think the business plan should PUBLICALLY state:
No more spending money money on businesses
Share buybacks at a pre-determined rate per quarter, such as 25% of earnings
Dividends at a pre-determined rate per quarter, such as 50% of earnings
25% of earnings per quarter - expenses should be retained, at which time they exceed a pre-determined amount, say $20 million, would result in a special dividend.
Simple plan really .... what more does our BoD need to do?
Rooting for PTSC / TPL/Alliacense to bring it on home!