It's not such a random number if you read the company announcementsand btw I sold out at $2 (i posted at the time my reasons for doing so, if you'd like to confirm).
Have you factored in the dilutive effects of the CPS' if they keep the dividend at 12c while the share price is this low? It's for this reason, I think they need to cut the dividend and focus on reducing debt instead.
Great Yield 7%, page-11
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