CNW 0.00% 3.0¢ cirrus networks holdings limited

> mwp < . If we assume a 10:1 share consolidation in CNW than...

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  1. 446 Posts.
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    > mwp < . If we assume a 10:1 share consolidation in CNW than the company will have 100 mil shares
    ( counting current shares incld options). at a proportionate share price of 18 c' each.

    If we then assume FY20 EBITDA of 10 mil with 6 mil profit of which 70% payout in div that is 4 mil or
    3 to 4 c payout per share ( subject to 30% tax).

    with this amount of DIV one can expect the share price to be around 50 to 60 cents. or 5 to 6 c' in today's price, this is a substantial rise. I am willing to wait, providing evidence of progress made along the way.
 
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