XPD xpedra resources limited

Ann: ASX Letter to XPD, page-13

  1. 4 Posts.
    If XPD has got the money in the bank, with a good chance they have. Then we should be receiving at least a 1 cent dividend this year. A 1 cent dividend will only have the effect of about A$4.4m on the company's cash flow. This makes the stock look extremely cheap at under 4 cents. Lets hope they have $50m plus in the Bank.
 
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