I think its almost a given the company will recommence a divi...

I think its almost a given the company will recommence a divi this year. they have 32 million in franking credits. For super funds and retirees franking credits are as good as income and thus paying a 4% fully franked divi would provide an almost 6% return for a retiree in pension phase.

such a move is made even more likely if one considers that lending is sub 40 million with revenue at 24-25 million and loan amortisation required at a rate of only 5 million per annum

a 3 cent divi would be approx a 55% pay out ratio so very manageable and not impacting debt reduction nor growth seeking capacity