Revenue down because of currency exchange. Everything else looks up - greatly
Now we are waiting for management to carry out the promise to please those short term players - cash is king in their world. It would be next year but those cant wait they want it this year. So 1 cent dividend for 3.6 cent share price means massive return.
We are looking at the whole company as value investment, those seeks dividend as income stream.
If this company is what is stated in the report then it would be the most valuable company I have seen. I hope the company major shareholder takes it private and pays us 20c a share on book value.
So anyone wants to wait for another 6 months in a very agitated market waiting for correction? Good times ahead for those who wait!
XPD Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held