HIT 1.90% $2.06 hitech group australia limited

Just took a tiny stake @ 0.054.Not a main stream investing or...

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    Just took a tiny stake @ 0.054.
    Not a main stream investing or trading stock given the very poor liquidity.
    However, it seems that their revenues are growing...Cash holding is growing....Zero debt....ROE of around 30% (projected NPAT around $0.8m)
    The fact that they pay relatively large amount of tax ( around $300Ks),leads me to believe that dividends are on the cards ...I dare say around 0.005/share.
    Not a total gamble...The only niggle is the majority S/H of management of over 65%....Again, this is not a major deterrent.
 
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