I just did some rough calcs. Assuming a payout ratio of 70%, H1 EBITDA should be about $10m, so Q2 EBITDA would be about $6.3m compared with $3.7m in Q1 (a 70% increase!). It also means an EPS for the first half of about 4.25c, or 8.5c annualised. We should also be looking at a company with no debt and an EBITDA greater than $20m for the full year. Happy days.
Ann: Fully Franked Interim Dividend 3.0 cents, page-4
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