Hi cmon,
Maybe Buc is talking US$0.50 not A$.050. If it is US$ then that equates to about A$0.03. I reckon that's where we are heading if the poo doesn't get back to where it was, if the Bank says "no more", the directors keep their noses in the trough, and the decline curves are steeper than first thought.
....or maybe he really means A$0.50. I've got 6.5 million shares in various accounts so that equates to ... let me work it out... A$3.25 million! Wow.
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And to think we had no debt + $70m in bank, page-6
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