The report for the half is very strong! They have no debt, 14.9 mil on the balance sheet in cash, a strong income stream and a one off 10 mil cash inflow expected in June. All that cash and the market cap is stil only 40 mil. That valuation is not going to last. Personaly I am hoping for a capital return in adition to the dividend.
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- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts , page-2
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