I can't see why they wouldn't?
$60MM NPAT last year.
90m in cash and in investments as at March 2013.
Then add Beibu Gulf with expected upside of another $60MM revenue (or more?)
Then consider revenues are in USD so another 10% on the currency play.
So plenty of free capital to funds dividends. And wouldn't they make it an even stronger proposition for an insto/Super Funds to add this to their portfolio, particularly in light of the low interest rate environment.
In fact, i understand from what I've read at the AGM that this is something they are focused on over the next few months.
On another note, I can't understand for the life of me why this stock is priced at only a PE of 5 based on last years revenue, let alone 4 with currency play and Beibu.... anyone?
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I can't see why they wouldn't?$60MM NPAT last year.90m in cash...
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Last
8.0¢ |
Change
-0.003(3.61%) |
Mkt cap ! $13.70M |
Open | High | Low | Value | Volume |
8.1¢ | 8.1¢ | 8.0¢ | $11.64K | 144.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 102970 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 8281 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 102970 | 0.077 |
2 | 22213 | 0.075 |
2 | 21643 | 0.070 |
1 | 10000 | 0.065 |
1 | 50000 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 8281 | 1 |
0.085 | 10000 | 1 |
0.089 | 50000 | 1 |
0.090 | 125000 | 2 |
0.100 | 30000 | 1 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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