While they did have a net negative cash flow, their cash holdings was a bit over $5.3M. Paying out $0.549M in divvies is hardly going to break the bank! On past performance, only about half of this will be paid out in cash, the rest as a DRP.
Worryingly, however, is that the management do not believe there is a better use for that cash than giving it to shareholders. This business grows on seeing new niche investment opportunities. Right now, management cannot identify any!
While they did have a net negative cash flow, their cash...
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