XGL xamble group limited

Ann: Xamble Group H1 FY2024 Financial Results, page-3

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    Lets hope Jason can grow this baby now he is in charge. Lets see if we can get a quarterly update soon and then he can start promoting the company. I have already put forward to the board that they should look to start paying a divi if CF+. Even if the dividend starts at say 0.2c! Just remember ever 0.1c div with 300m SOI on issue in only $300k! Lets say this company can generate say 1m of cash in teh next year, then why not payout say 0.2c and put the rest towards growth? Maybe a dividend policy of 50 - 70% payout of FCF?
 
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