last chance to buy under 80 cents, page-23

At the moment they are on track to earn $20-25m profit per month. Let's say CAPEX is $5m per month, that's $15-20m free cash flow per month.

Assuming we remain at that level until 1 July and they pay a dividend around that date, we would have accumulated a total of $330m cash.

If they only want $200m in the bank they they can distribute $130m or $0.11 per share. Or they could distribute $0.02 per share and keep $300m in cash while waiting for or searching for a big acquisition or growth opportunity...