On current operations it would be prudent for management to initially pay down debt. If any of the non-binding MOU develop into binding agreements then JC and the board should be able to pay down debt and also pay out dividends.
My BUY sentiment reflects this scenario
Dividend Possible ?, page-4
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $314.4M | |||
| Open | High | Low | Value | Volume |
| 29.8¢ | 29.8¢ | 29.5¢ | $181.8K | 611.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 478513 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 1223144 | 14 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |