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28/08/20
11:32
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Originally posted by deepcoverpoint:
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This is one of those smaller caps that receives little coverage besides one broker who has a strong buy on it. Very modest impact from Covid-19, good cashflow, very solid fully franked dividend, payout ratio around 77%. Perhaps other HC contributors can highlight some downsides. The company has a very progressive policy re promotion of women - they have some outstanding people working for them. I'm surprised it flies so low under the radar. I think one of the difficulties is that of perception, investors thinking that patents come a long every now and then for a tech gadget whereas intellectual property involves registration and protection of all sorts of developments, including all the biomedical advances that are growing every day.
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I agree. Just added some more this morning. Relatively defensive stock, looks well managed, and pays a good fully franked dividend.