Originally Posted by
Lizard
Result announcement included a forecast of $3.4-$3.7m NPAT for FY, although half year was slightly down (last year was a strong first half). Div is up and annual div total forecast at 6cps, so will make it a good yield.
I got the courage to pick up some more at 70cps prior to announcement when the selling lost pace and buy side firmed. Now sitting 87cps with a much healthier buy side, but still pretty illiquid. My valuation currently at $1.02, but if the share price can pick up to around or above, then more acquisitions may be possible with less dilution.
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