Intended to pay pay maident 5 cent dividend in Oct 2007 - gets rid of cash and improves ratios suggested in prior note
Capital Management Strategy proposed. -- acquisitions -- no definitive proposition determined, but in view of industry consolidations on past 12 months, the board considers that there is a significant possibility that opportunities will arise before the end of the fin year June 30 2007. -- possibility of market share buy back ($5-$7 million or 5% of issued capital on appropriate conditions determined in time
Agressive expansions planned in early 2007
WEB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)