annual result maiden dividend , page-9

Thanks DC

At your numbers of an 8% EBIT 16m /.008 = $ 1.28m if they are right that would be a doubling of EBIT on the same reveunue and proof the reconstruction of the business is working and they can now focus on growing revenue and furter improving the EBIT %

I think the share price would rise on that result towards 40c or a market cap of about $ $16 m of the business .

At 40c a 8% ROE is reasonable in this low interest enviroment for a company that is far from mature .

I agree I am eagerly waiting for the actual result instead of surmizing , if there is a dividend of .5 of a cent or 1.5% fully franked yield I will use this money to buy more shares sub .35c .