Lets say the NPAT for FY17 is down 9.3% from FY16. That is a NPAT of $12158335. 20% of NPAT is $2431667. Divide that by outstanding shares is $0.0055964718 per share. at the current price of 4c, that is a dividend yield of 14%. Am I wrong with this math? because it seems absurdly high if they can pay the dividend. Given cash in bank, it seems they can.
Lets say the NPAT for FY17 is down 9.3% from FY16. That is a...
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