Mr Market's a straange beastie.
The co. estimated $9m pre-tax weeks ago. From that, the new NTA was easy to guess prior to yesterdays announcement. The only small surprise was the 1c interim div imo.
To me, this looks like a sound turn-around story in the making. A div payer, cash-flow positive, low debt and a cheap entry point well below NTA. What more could you ask for?
last chance to buy under 20 cents, page-2
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