LOL Greggy I was thinking exactly the same thing today as I got my email from Telstra confirming the 14c divvy.
Telstra 14c at around $4.65
TAH 11c at around $3.15
I did manage to browse the full presentation today though and I can't see how they will sustain this divvy given the current NPAT unless I'm missing something their bottom line just doesn't look strong enough to pay 22c FF ongoing.
Did anyone else have a chance to browse the numbers? I'm hoping that I've interpreted things completely incorrectly.
Ann: Half year results presentation , page-4
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