Not going to rehash my above feelings of where this company is going from previous post
BUT
I forgot to mention the time when family of the major holders where issued shares at 20c when the share price I think was 16-17c if I remember correctly. Some peeps were up in arms about the issue saying they should have been purchased via the exchange to push up the SP. I look at it this way. They where saying we are happy to pay the extra cash for the shares, the share price will go up, have faith but now is not the time.
This will sky rocket but not till about April 2019 by my reckoning. The only fear here is getting money out of China.
First 1/2 earnings is 13c a share, let's say 2nd 1/2 is the same. Sales are growing, so in about 18 months or so let's say 12 months, earnings per share are minimally 30c per share. If dividend is 1c your talking 1.2 mill leaving China, lets say it's 5c per share thats about 6 mill. China are not going to say 'nah mate that money is not leaving'.
Dividends will be issued ....
What price for a 1c dividend. (Won't tell you what I think)
What price for a 5c dividend. (Don't tell me what you think)
No debt.
Cash positive.
Sales growing.
Expanding water plant.
Patents pending.
Management(?) confidently purchasing above market price.
PEACHES AND CREAM BABY.
TB8 Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
