RE:Dividend should be ~0.028c per share based on the updatesThe release states:
There are several merits in a zero net debt capital structure.
1. Volatile and cyclical nature of commodity markets
2. Structure of our credit facilities
3. Full control of our business
4. Strategic and opportunistic acquisitions
It also states that "Should the right opportunity present itself, Gear will find itself entering into a net debt position in the future so careful consideration will be required if such an opportunity arises."
I personally do not want GEAR to take on any debt to acquire any strategic and opportunistic acquisitions but instead continue to buy back shares and increase dividends.