RRL 0.30% $1.67 regis resources limited

Ann: Change to Hedging Structure, page-44

  1. 11,831 Posts.
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    hey Jogo,
    things are a little different than in years past.
    RRL has just saddled itself with $300m in debt (though I am confident it would be relatively cheap rates)
    On balance, I think the dividend will continue, but... at half it used to be. Due to dilution, debt and the eventual funding of McPh.
    So the dividend will likely sit around $0.08 a year, or 3%.
    Oh how I would love to know what the next closest bid price was for Tropicanna.
 
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