X64 0.00% 57.0¢ ten sixty four limited

how does medusa compare?, page-3

  1. DSD
    15,757 Posts.
    stlamc is right. I was too casual in my post. MML has stacks of cash and the big spend re development is over. I accept more cash required for mill extention but MML has large cashflow and can afford to reward shareholders with a bigger dividend. many of of us have held for ages including the massive downturn. A doubling of the final div in August is easily affordable and will also refocus mkt attention back onto MML. Re FY13 i feel we can expect higher divs again e.g 25c for the full year. MML has zero debt. That's why we hold shares in the company.
 
watchlist Created with Sketch. Add X64 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.