AIS 2.94% 16.5¢ aeris resources limited

Quarterly this week!!!, page-13

  1. 89 Posts.
    lightbulb Created with Sketch. 38
    Revenue ~$280m
    EBIT ~$100-150m
    PE just 1-2x....Unbelievable. I am already way overweight in AIS but I too have a 10c order in the queue

    I know it's unlikely but just imagine if they made profit around our expectations of say $125m and they just threw a 10% or 20% dividend bone to us for our loyalty when times were tough and we still backed them with their 3c raise.

    A 20% one-off dividend of say $25m would mean those that bought in the raise at 3c would receive almost a 50% dividend yield whilst at the same time they still preserve $100m cash for building up the balance sheet. I know it's probably not the best allocation of capital to pay a dividend just right now but damn...I can dream can't I lol
    Last edited by Butters18: 27/01/21
 
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