RE: obvious28 Jun 2019 12:03
You don't strictly need profit, you need cash. Yu has cash (14.5m at end 2018) albeit with monthly operational outflow (circa 100k pm in 2018). They've paid divis up until recently. Last div cost was only 0.5 million (for 2018). For a growth firm, I wouldn't be too unhappy to see the money spent on the business itself as much as I'd like a dividend and so would IIs. A dividend policy in itself would be a minimum.