Lavender I found it in 13 Oct 08 announcement, copied relative portion here.
"FY09 Earnings Guidance & Interim Distribution
As a result of the on-going unprecedented deterioration in financial and other markets,
particularly over the past two weeks, the Valad Board has decided to withdraw the
earnings guidance of 7 to 9 cents per stapled security given in August 2008. The Valad
Board is not comfortable providing a forecast to the market until there is more stability in
the markets within which it operates.
Additionally, the Valad Board has decided to cancel the interim distribution payable in
February 2009, and will assess the payment of a final distribution in August 2009, closer
to that time, taking account of the then prevailing market conditions."
Okay, feb divi cancelled but does that mean that any divi that could have been paid in feb will be paid as well in Aug. Ie instead of two half year divis, then it should be one big one in Aug, if profit of course.
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dividend - refer my post re fundamentals, page-3
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