Luckily unloaded major amount of this counter to switch over to parent Co. If price of this counter came down to 0.25 can consider to buy in aftr payment of div shortly. Happy investing in this New Year of intelligent Snake of Good Fortune!

If u want to bet for future, any price can in, because this counter no future prospect yet. The boss said edy, due to uncertainty and covid, UK and Aus venture is loss making. They complete the project, get back money and payback to shareholder now. So in future if they found any prospect, may require shareholder to inject new capital. But so far no news about any future prospect.

the recent dividend is due to capital reduction, which is payback of share holder's fund, not derived from the profit/ business operation.
Confirmed thing is 500m to payback for 24 and 25, which 144m paid, 6sen per share. Another 5sen proposed in qr.
We have no idea what the company going to do after this.
If u are to buy this share for capital gain, just forget about it.