19-08-2015, 03:12 PM
Agree. 3 cents (1 cents ordinary and 2 cents special). So at 34 cents, it is 8.8% yield.
Besides being a discount to book, 65% of its market cap is cash. The cash laden balance sheet is important in this environment.
Besides being a discount to book, 65% of its market cap is cash. The cash laden balance sheet is important in this environment.