My calculations are Cash on Hand + Inventory + Receivables - payables works out at 22 cents a share, with a share price of 20.5 cents.
The dividend for the half has been increased to 1 cent and hopefully this will mean from here on it will be 2 cents per year from now on. If so this would mean a grossed up dividend of 14% per annum!
Even if you only held the stock for 45 days it would mean a grossed up dividend of 7%, assuming no capital loss on the shares.
Sounds like a good bet to me.
My calculations are Cash on Hand + Inventory + Receivables -...
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $139.3K | 569.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24564 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 261098 | 6 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
