What an absolute gift, picked up more at 22c and even some at 21.5c
at 21.5 c its trading an an EV of 35m odd assuming net cash at mid point of 41m. Given we are already at the end of June one can assume this cash is already in account
35m. what was the EBITDA guidance again 33m ?
trading at 1.1x EBITDA
You dont see this often , particularly when the company continues to spit out operational cash flow circa 25m
chances of FF dividend recommencing 90% IMO
I would be happy with 1 -1.5c annually allowing cash to continue to accumulate for diversification strategy
1.5c FF equals 2.14 grossed up so equiv to an unfranked divi of 9-5%
What an absolute gift, picked up more at 22c and even some at...
Add to My Watchlist
What is My Watchlist?