cdu 2.50 cr, page-40

ozblue
"then shareholders should expect smaller divs when the
company is producing profitably"

On the 3/12/2013 you stated in a response from your
info gained at the AGM
"dividends 10-15c 1st half of 14/15
20-30c 2nd half of 14/15.
At best that means that we as shareholders could expect
a divy of between 30c to 45c. for the financial year.

Now you state that that figure will be reduced!!!!!!
To what? 20 to 30c ? for the year?

Most of the long term "true believers" have gone through
an emotional and financial roller coaster ride BUT
the main reason they have stayed is because of the hype
and promises of high yielding dividends $3+ paid quarterly
What next? it really does add a bit of unwanted reality
that I would rather not face and would make some see a
re assessment of their financial aspirations.

As for the placement
For the first time I believe that "WM is the master of forward planing".
Both the UW and CDU would have anticipated the result.
The shares are in safe hands most probably have a
home to go to.


The option was a enticement and reward for the SH
to get a better deal than the INSTO's unfortunately
most of the die hard's were out of cash.
Lots topped up in the low $3 range not too long ago.

Interesting to see some long termer's talking about
the options seems good for a quick financial gain.
"if you can't beat them join 'em"
tv.