Lemur Invest Corporation Ready to Pay Dividends as Soon as IPO Completed

Lemur Investment Corporation (LEM : ISE), which has been seeing it's IPO sell at a healthy pace, is ready to pay dividends to all shareholders as soon as the IPO is sold out.

"LEM realized a net profit of 20'903 $L which allows us to pay a dividend of 0.01 $L/share. Our NAV(net asset value) slightly increased to 1.22 $L/share compares to 1.14 $L/share last month," CEO Casper Trebouchet announced in a press release today.

The good news was not without its dark side, however, "On the derivative side LEM is a bit disappointed about the stock market development at ISE as such. There are now quite a few new companies listed at ISE and companies in general communicate and show some continuity. Some of them even have nice underlying business ideas. However, the market is extremely volatile due to small volumina and only a few buys or sells can destabilize the market completely. Under such circumstances it makes little sense to develop derivatives. LEM will continue to observe the market and react accordingly. We haven't given up yet creating derivatives!"

There are approximately 180,000 shares remaining of the LEM(ISE) IPO.