Ok thanks for the explanation. This is a good one to soak at sub...

Ok thanks for the explanation. This is a good one to soak at sub 2c I think - very little to dislike about the business model as a long term profit making machine.

They will need to do something about raising the profile to get some institutional investors involved. I have not seen an updated Top 20 since the annual report last year, be interesting to see if there have been any new entries or exits. Normally shareholders can contact the registry provider to obtain the list, however this company doesn't seem to note who to contact for shareholder enquiries?!