Estimated NPAT for FY13 at between $9.5m and $9.8m and assuming that shares at June 30 '13 are around the 120m mark (presently @ 124.7m) then eps is around 8c and I'm thinking divs ff of 2.5c...not too shabby at all.
No wonder we got a 3c spike today. I'm thinking that NTA will be around 43-44c at Dec 31 and 47c-48c by June 30 next year. This gives the company some headroom to buy back shares over the next 12 months.
I'm very happy to hold now after some earlier hesitation.
Ann: Chairman's Address to Shareholders , page-2
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