I would prefer the company did a share buyback instead of a dividend at this stage. Tax effective, supports the SP and buys cheap stock.
If what Ousia has posted is on the mark, then NBS has ~18m in cash on hand with more due in a month or so. That is a pretty fair result given the July invoicing.
Very low cost base and with more contracts to come, this is suring up to be a very nice ride.
NBS management need to get some professional PR/investor relations advice. They are doing a marvelous job of growing the business but really need to tell the story better.
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I would prefer the company did a share buyback instead of a...
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