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21/12/16
13:58
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Originally posted by Gasbag
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Revenues this year expecting $60+mill and currently trading on a market value of $40m!!!
Profit reporting is still distorted by the need to amortise AWS "reserved instances" - this will no longer be an issue in 2017-18 and have no impact on the cash flow anyway.
In a few weeks punters will be looking at 2017-18 & revenues of $70-80mill.
I am looking forward to a 1.0 cent ff dividend for this 2016-17 year - works out at about 6% gross yield at the current SP. For the MD (and us holders) a 1c dividend is a much better alternative than selling shares in the market to meet his court order/divorce settlement.
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@Gasbag are you expecting a dividend or hoping for a dividend. In other words,do you have knowledge about a planned maiden dividend payment?
Would be fantastic if true!