$3mil in bank as of when? 31st Dec!
they have had a number of contract payments that pertained to the first half 06 come in early 2nd half 06. they have more in the bank than declared.
The question is should they be miantaining the dividend payment and buy back on that basis?
lets face it, if they wanted to prop up the share price we would have heard from them way before now (maybe in the 50's).
They would know that it is great value at the moment and therefore are adding value to share'holders' not sharetraders by taking the shares of the sellers and disolving them.
comments please?
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