Goblin, what is your reasoning behind expecting a forthcoming dividend payment? I hold ARL but believe that with a targetted debt of 250 mill by years end and net assets (shareholders equity) of around 50 mill which is subject to further writedowns the concept of a dividend seems ridiculous.
Any management running a company with a debt to equity ratio of 500% that considers payment of dividnds from any cashflow the best course of action would have to be called into question.
