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Ann: Indue Acquisition Update, page-40

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oxxa23

6,043 Posts.

1164

11/04/17

15:57

Post #: 24004329
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Originally posted by Kepo ↑

6% div confirmed?

Actually for me it's worse if managemrnt decides to pay div right now. That money is better spent on getting more businesses..

If 6% div is to be paid, it's either management tries to upramp the stock or they dont know any better way to use capital..

If they want income, they can always sell a portion of their stock...

I welcome management to reply here publicly why they decide to pay div..we can all judge based on their answer to see how smart they are re capital management..

Dyor.

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$2.259m EBITDA forecast for 2017 in the investor presentation on 06.02.17. Company has stated still in line with this forecast....at same time, forecast 2018 was approx $6m. Plus, since then they have expected further Goldfields Money deals to indue customers to increase profits another $700k-$1m (i think todd had said on here).....

$18m MC not worth it???

Last edited by oxxa23: 11/04/17

STL Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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