FiendishRedbeard
A Dividend FY10 of 50% of NPAT is a given as it was advised in the 2009 results presentation.
The company had revenue of some 65mill and ended up with a NPAT of some 45Mill and is debt free. With revenues forecast to continue to increase considerably year on year and with such low overheads, the Company is nothing but a cash cow.
Im expecting FY10 EPS to exceed 20c.
CURRENT SP IS RIDICULOUSLY LOW! (jmho)
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