Unfortunate that with $29 Million cash they could not pay out $2M divie to satisfy their intention of 25%.
Unfortunate that with almost 1M of positive operating cash flows per month, decreasing debt and such a huge balance they could not divert the funds away to a dividend.
Unfortunate that the 9M of intangibles reported in the last cash flow statement does not match the reported 4.5M in the recent release.
Unfortunate that the dividends paid in their half yearly are about 35% lower than the amount they are reporting in the full year.
Fortunate that the last cash flow statement clarification showed finance costs around 800K when they are now 469K. Impressive that it could decrease so much so fast.
Unfortunate that we still do not have audited financial statements.
Unfortunate lack of clarity as to why so many discrepancies are present.
SBB Price at posting:
6.6¢ Sentiment: None Disclosure: Not Held
