It is in this case if no dividend is then saving $4 mln.
It would be crazy paying 3.5 cents with SP at 22 cents , a ridiculous yield of 17% +.
Much rather have a rising SP then dividends.
Nope, long of this because their profits are still growing and one day I'm sure the Chinese gov' will treat them more fairly as they are doing with other ASX co's like BAL, a2m etc.
Once the option sellers stop selling up we go.....1st stop is 35 cents.