Good question. It's difficult to answer without knowing the next opportunity being eyed up. It takes time to identify something available with synergies to current operations, then do due diligence etc. Currently there will be approximately $2 mil in the bank after the present acquisition is paid for. Given another 6 months I'd expect that to be $6-7 mil. I'm expecting a 1-2 year phase of growth through acquisitions so shareholders can expect capital gains rather than dividends. After that, dividends must become part of the agenda. Let's face it, shareholders have to be among the ranks of those gaining benefit from a profitable company. So unless a major acquisition is in the pipeline soonish, I don't expect a capital raising, not to say such an acquisition is not in line. This company is at the very least worth it's current share price, if not a heck of a lot more.
OTC Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
