Specifically for me: Company is now debt free, this is important if things go further into a downturn. Much easer to operate a debt free company in a difficult economic environment.
I am using GS EPS estimate of 12.7c for 2012, its below consensus, yet the numbers still stack up for me to enter today with a small position.
Bought in at $1.07, with the 5.5c dividend to be paid this will bring my intial entry cost to $1.00
At this price it passes all my stock filters.
OKN Price at posting:
$1.07 Sentiment: None Disclosure: Held
