Dividend22 Jul 2025 16:06
There will be no dividend until at least 2027. The more likely scenario will be a share buy back, for any spare cash that maybe floating around. Whilst the debt has been reduced, much of the proceeds from selling off elements of the business, and cost savings, have been used to bolster up R & D and the roll out of better and more efficient AI systems. Whilst the reporting will be of some interest on the 5th of August, I suspect that it will reaffirm that the company is on track with its previous projections. Assuming FCF is achieved by year end - thats when things may start to get interesting. The key this for me now is to see some decent contract wins and it would be good to see demonstrable positive activity in international operations - India, Europe and SA. All of this is only my opinion and like all the other PI's on this board, a lot of guesswork. Good luck to fellow long term suffer's.