Ann: Boom Secures BMA and Hunter Valley Energy Contract Extension, page-5

went through last years annual report in detail. One thing that is clear is the company definitely has the potential to reinstate a dividend , more so now that they have and will soon be monetising 13m of assets that were either obsolete or under-utilised. These assets one would assume contributed very little to revenue. A small dividend of .5 to 1c would barely be noticeable on the balance sheet as they have a low number of shares on issue. .5c would be approx 2.5m and .75c under 3.7 m. This no doubt would be a good yield based on current price and bring in some new investors

importantly I think it will help with some SP appreciation as Booms issue at present is very little trading volume and very little action given major shareholders holding most of the stock , all of whom are waiting ( which is good I guess )

thoughts ?