Absolutely agree Ignite - why would they pay a dividend when they just burnt half a mill in cash in the last quarter from operating activities ? Very poor capital allocation and amateurish. Basically saying , we are burning cash and what cash we have left is probably better in your hands ( shareholders ) because we are unsure what to do with what little cash we have left. Bizarre !
11% div on a 0.029 sp !, page-5
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