IPR declared a positive cash flow of $0.7mm for the year ending 30 June 2011 and disclosed that the majority of the Stat Mux settlement funds of $1.9mm were received in July 2011 so are therefore not included in the cash flow. In the circumstances, and subject to continued robust revenues from Nearmap, a small dividend of say 0.5cps (which would only use up $1.62mm) seems to be a possibility. What do other holders think?
ANZ
IPR Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
