KRB $10m cash 80m shares = 12.5c cash per share
Paying out a 5c dividend will still have 7.5c cash post dividend
Currently trading 7.5c a share or cash backing post dividend
Surely with a new project and a new focus we will see the stock finally trade at a slight premiuim to its cash backing even which is why buying at current levels will get you the 5c dividend and your unlikely to see the share drop much from these levels
KRB Price at posting:
8.5¢ Sentiment: None Disclosure: Held
