re: Ann: 2012 half year financial results ann... Maybe the dividend also reflects future cash requirement for JV / M&A activity? At diggers and dealers they did say that they were finally seeing movement in M&A but no bargains (i.e. they will need the cash unless they can find a bargain)
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- Ann: 2012 half year financial results announcemen
Ann: 2012 half year financial results announcemen, page-27
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