Another $0.71 million largely tax paid distribution with promise of more to come. The inference is that future 'dividends will take this form for some time to come.
So tax paid 'dividend since march is $2.5 million or more than 10% of market capitalisation.
Why does this not light a fire under the QAD share price?
QAD
quadrant iridium limited
return of capital from iridium, page-3
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