Completely agree. At these prices i think its good value.They...

Completely agree. At these prices i think its good value.

They did $9m FCF for the half pre ASC acquisition and financing, despite the COVID disruptions.

They want to open 6 - 10 clinics p.a. and each clinic requires $0.5 - $0.8m in capex.

Let's take the top end of that range and say they require $8m for growth capex p.a., and annualize the conservative H1 FCF figure to get $18m. They could very easily pay out $5m in dividends (9.6c per share, 3% yield at current SP) and use the rest to pay down debt.