CDU 0.00% 23.5¢ cudeco limited

any outcome from the cdu meeting ??, page-50

  1. 24,386 Posts.
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    "We don't need a DFS to get funding and if it was based on 1.7% we all know it will be a long way off the mark in the first 4 years."

    BRETTO,

    Although that is a very good question, IMO You won't get any replies to that mate.

    And as for being way off the mark, (unless we will get something out of the hat quickly), so will be the $2 to $2.50 yearly dividends that someone wrote the other day, be way off the mark as well. For, I fail to understand as to how we can expect at least $2 per year fully franked dividends with a yearly revenue of only $450million dollars per year. And that figure of $450 million dollars was apparently discussed at the EGM as well. Yearly revenue means what it says. It doesn't mean distribution money. So, expect the unexpected.

    Cheers
 
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