And regarding the dividend...with 65 million shares the company needs $975,000 net profit to pay a dividend of 1.5 cents per year. If the estimate of $2 million profit from the motley fool article is correct - after a full year contribution from LRI and RM - they will have earnings per share of around 3 cents. That should comfortably cover a dividend of 1.5 cents with another $1 million to reinvest in the business. I see PGC fairly priced at around 40 cents.
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