It may be an unpopular view, but I'd actually like them to hold off on the dividend. If these pellet prices hold then Southdown comes seriously into play and having a heap(!) of cash could be very beneficial.
I think being 100% reliant on a single asset is risky and will always drag the SP below true valuations.
Pellet Price, page-19
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32.0¢ |
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Mkt cap ! $373.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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