Assuming the intentions to pay a 2 cent dividend in...

Assuming the intentions to pay a 2 cent dividend in Setember/October turn into reality, its a great return on a 20 cent investment. I recall the price fell from 40 cents to around 20.00 to 13.5 cents approx intantaneously when they announced a projected fall in profits FY2007 from 13 to 10 million. Now it appears to be 5 million.

I'm nervous about levels of debt, despite reasurrances, but am content to hold as I beleive the stock is valued fairly are the current levels. I'd love to see some figures thought that indicates the stock is undervalued. Has anyone actually calculated the break up value of the stock in cents per share?