CLT 0.00% 2.6¢ cellnet group limited

A simple business model with $4.7m in cash and a first half...

  1. 468 Posts.
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    A simple business model with $4.7m in cash and a first half profit of $3.41m......each year until 2019 they have been paying out between $557k and $782k in dividends on less full year profit than our current half year profit (except 2016). Expect a dividend of at least 0.5c per share for the full year (payout of 15% of potential conservative full year profit of $5m) which equates to at least a yield of (240m shares on issue) which is a yield of 10% between now and full year (ie 6 months time)...Just my take with all very conservative numbers ...and yes the December figure was circa $650k profit (which is still a full year profit of $8m)....All IMO
 
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Currently unlisted public company.

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