think they might struggle to get the next dividend out.....
They have quite a bit of debt on the books....coming due soon. refinancing might prove a hiccup.
As they tend to be a dividend driven stock it will be interesting to see managements approach....
I would expect them to go to the market for more cash soon. so thats when you would be looking to nuy in if you have confidence. As to attract investors the buy in will be below 40c IMO.
They seem expensive to me on the fact that they will only make less than a million profit this quarter..
Bit hard to see how they can pay there forecast dividend on that scenario....
DEX Price at posting:
36.0¢ Sentiment: Sell Disclosure: Not Held
