They have net assets of 80 million 72 million of that is cash in Au$. They intend to pay dividends at a minimum of 10% and max of 20% of net income which at 12 million is 2.4% and 4.8% respectively. Without any growth factored in this could be considered fair for a dividend paying stock, but we have no idea about growth which would be the most important metric.
They have net assets of 80 million 72 million of that is cash in...
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