I like companies that meets expectations. It shows a well-controlled entity.
NPAT - $14.5 mil (7.2 cents per share).
NTA - $1.79.
No dividend until global investment climate changes and management will continue to reduce shares to 150 million.
Buy back continuing for another 43.2 million shares.
(Currently 193.2 million shares.)
Excellent.
:-)
Happy accumulation.
