OS growth the key, page-6

I believe management prefer investing for growth, re dividends, but are aware that paying dividends can attract a more sophisticated or different type of investor.

I'd prefer not to see dividends until NPAT grows to at least 5 million. So a few years hopefully. You don't want all your profit soaked up by dividends, especially in this market, both of which are emerging and MBE is a pioneer. If you start putting money into dividends, your looking after your investors more than your business. Look after the business and you hit two birds with one stone.