The most interesting thing I thought the MD said yesterday was CAP is forecasting a US$850 profit per year once in operation, that’s approx A$1.1B, if CAP paid 5% of the profit to SH’s as a dividend, A$50m and there is approx 300mil shares, with with a yield of 5% this would value each share at about A$3.00, correct me if I’m wrong.
CAP Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held