1. It owns EB Games which is one of Cellnet's many customers. ( and may/or may not be particularly material to to CLT's total revenue) 2. For general market interest in a classic short squeeze.
I am not trying to suggest that CLT should benefit from GME's short squeeze. As I did post previously I don't believe there is any material short in CLT anyway.
Regarding a dividend:I actually think it is quite likely given that if the controlling shareholder (Wentronic) wants cash, it is probably the best way to get it to them. I suppose the could do an on market buy back or acquisition or they could hang on to it for June year end to as a safety valve.
That said, dividend has little impact on my valuation which is really a function of expected discounted cash flows, and at this stage we are all still trying to come to grip with what those cash flows are likely to be.
CLT Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
