huh?
special dividend,?? you got to remember this company has 30 odd billion shares on issue or something?
So the special dividend would have to be shared between 30 billion shares lol,
We know at 0.002 the company has a MC of $60m
Now given the results to date, and cash on hand and assets, if sold everything they maybe get $3m for the assets plus what $25m cash (is that correct)
So $30m divided by what 30BILLION shares that is 0.001c
So yeah on these calculations probably is a good move , pay out shareholders on a special dividend and shut up shop?
The above just back of envelope workings out
What Performance, page-20
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Change
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Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
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