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...
At the moment they are on track to earn $20-25m profit per...
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