Oh dear... Looking at that latest annoucement it doesn't take a...

Oh dear... Looking at that latest annoucement it doesn't take a PHD to work out there is no dividend this year (you need "E" to have a PE ratio!)...

Makes you wonder how effective their quote share arrangements are (I presume the diff of about $8mm is after quote share - gee, someone in WA made a whopper of a mistake!).

Wouldn't touch this one with a barge pole at the moment. Value may be a lot lower with this new news.


Regards
Kit