Hi Finch
I had the same reaction. They must have surplus cash to withhold dividends.
With a market cap of 2 million & 3.3 million in cash, any inkling of an improved operational outlook could see this trading at multiples of the current share price.
Last reported NTA is 20c, so I'm pretty hopeful. Recent institutional buys suggests there may be a re-rating in the wings. Here's hoping.
Cheers,
G.
are we in profit, page-2
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