I have mixed views on this as when I talked to directors I was never told a dividend was coming. I was told the dates on which it would be released if there was to be a dividend but never that a dividend was guaranteed to come. So I think some people are telling porkies about what the directors told them.
I agree a dividend would have helped assist the share price but if they paid a $500k one like you suggest it would have been strongly criticized. That is only about 0.001 which on the current share price is only about 2% I don't see people getting excited about a small dividend like that and people would complain of it being token and below the 25% intention the prospectus said.
Right now I am excited about any potential acquisition they choose to make.
SBB Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held