sub 20c stock offering dividends - amazing

  1. 10 Posts.
    Amazing for a stock with this market cap looking to be able to offer another interim dividend based on latest ann. Fully franked it could work out to be 1.3cents for the year, and next year would be at least the same going on contracts on hand and recently secured contracts.
    Also still there is a lot of the guaranteed $17 million to come in from Schlumberger on top of its sales payments.
    Even though the GFC was tough on business, it has wiped out alot of its competitors, making this medium sized company a market leader.
    I am glad for the buying opportunity over the last 4 months to stock up and get a possible 10% div yeild.
    $10 million in the bank and no debt = low risk for great upside.
 
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