I have some thinking on weekend,
1. CLI is not only a farm company but it has Realtime technology, which itself may worth 6c per share (maybe more) .
2. CLI has 344m share on issue, if profit can achieve 34.4m, share price would be,
34.4m/344m= 0.1, if PE=10, share price=$1
3. If CLI take 10m profit out as dividend, which roughly be 3c per share for dividend.
Above just my own thinking, not financial advice, DYOR.
I have some thinking on weekend,1. CLI is not only a farm...
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