one small step in the right direction, let's hope that the final is bigger. I note that the past dividends were 1.2 interim and final, so perhaps we get 1.5 final. Still a very low payout ratio but allows for accelerated debt repayment.
Grateful as I am for the divi I do wish they would get someone who knows how best to present to the markets, I could not believe the divi announcement slide had a notation of "subject to bank approval"! this could be read as the bank is in control, or that they need to borrow to pay it!
Think we will get there with this one but it is going to be a long haul.
SOT Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held