Yes you all read correctly, on the current s/p the
FF Div is 15.3%.
I can not believe the price of the shares compared to
some other stocks paying FF Divs on the stockmarket.
The company has also paid down some of the debt, and
refinanced there debt facility, which they state will
save them approx $1 Mill p/y
They state they have work ongoing for the next two years
Hav given a profit upgrade, & also forecast the FF Div
to increase, and that is not allowing for any more
contract wins.
Please read the annual report, and you will see where I
am coming from.
PDYOR.
Cheers.
Simmo.
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