I think a 1 cent divvie would be appropriate and it reward shareholders handsomely.
Another possible consideration as well could be to offer to buy back non marketable share parcels totalling about 1/2 a million shares or so. These are most likely shareholders that invested in SAU several years ago and their holdings went below the saleable threshold of $500. Spending 150K on buying these guys out seems the right thing to do, given the circumstances of having the cash to do so.
The divvie and buyout would cost about $600K.
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Mkt cap ! $8.502M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $21K | 1.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 1.2¢ |
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Price($) | Vol. | No. |
---|---|---|
1.3¢ | 317943 | 2 |
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No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.012 |
2 | 2791393 | 0.011 |
5 | 5390000 | 0.010 |
3 | 666000 | 0.009 |
4 | 930450 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 317943 | 2 |
0.014 | 350000 | 1 |
0.015 | 216250 | 1 |
0.016 | 200000 | 1 |
0.018 | 1000000 | 1 |
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