I only referenced dividends in the context of how much faster...

I only referenced dividends in the context of how much faster news will flow as the business gets closer to paying a dividend then where we are now. At the moment we're all focused on cracking the Australian market but once we've signed up a number of big fish I believe Intiger will naturally expand to overseas markets. Given this expansion wouldn't be cheap I wouldn't expect any dividends anytime soon, as like you say profits will be reinvested for sometime into the future. Under that long term scenario I don't think shareholders will mind waiting for dividends given the SP growth over that time! In the meantime let's ache over buying at 4.4c or 4.5c laughable when you think about it.