RE: MCAP 2.81M13 Oct 2016 20:46
Got to say a little surprised at lack of interest/volume considering final results just round the corner. Looking at the cheerful scout website/twitter feeds they have been busy all year, though results of course only up to 30 June. If the cash in bank is what it was at interim's, that's almost 50% of MCAP held in hard cash, this has no debt, and has paid a divi since 2014 (yes really!). Hoping for another divi with these final results, though they did pay a special 3p divi in January so have to wait and see. When you look at other companies with a multiple MCAP of this, who have just diluted their shareholders to oblivion, it's bizarre IMO. Anyway, let's see what results say, hopefully they continue to show a profit.