KOV 0.20% $10.20 korvest ltd

I tried to dig down and estimate a cost of the expansion but...

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  1. 370 Posts.
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    I tried to dig down and estimate a cost of the expansion but could only make a rough estimate however it came in a fair bit lower than $10m. How did you arrive at that number?

    In any event, I think it is likely they’ll pull back on the current dividend of ~$1.5m a year for a time whilst their free cash flow is hampered by capex. Whilst not silly, this would shake out a lot of shareholders and might bring this to true value.
 
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