So they are a small percentage under what they suggest, and at the same time, they have clauses that allow them to hold any amount of free cash back should management feel it prudent for the company going forward.
This is a fantastic result, and probably the best in all coal history…across coalies on the ASX. Those that need to whinge… well, as they say, you will never please them all…and some will never see the Forrest through the trees… there is a genuine reason to hold cash and those with vison will clearly see this…
In the meantime enjoy your spending the divvy!
Ann: 2022 Financial Result Presentation, page-15
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