investor presentation, page-3

During the conference it was put to Rob Allan that they should consider using the dividend cash towards further business opportunities. He indicated that the payment of a fairly high dividend was not a problem for the company business/acquisition model.
The main problem this company does face is its own low share price. While the company is on such a low earnings multiple itself, the benefits of acquiring other businesses using AMA shares as currency are greatly reduced.
It's a interesting situation - a higher share price would make their life easier and produce greater EPS growth, leading to a higher share price etc. etc.. Expansion is now going to happen a little slower than first planned.