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With EBIX as thinly traded as it is, there is nothing to stop the speculative shorts. That is unless management takes steps to make it difficult on them. The dividend has been minuscule for years. Also, announcing a planned split that never comes to fruition plays into the hands of the nay sayers. EBIX should make a commitment to moving up the dividend yearly by a few percent. They also should follow through on announcements like the stock split. Otherwise, this all seems to be window dressing. It seems that management has found it easy to concentrate more and more in Robyn's hands through stock buy backs and his taking his salary in shares. Good for him, but is it good for us?
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