As I was saying above about the merger of SOL with Milton, the worst thing was diluting the New Hope coal interest that Brickworks effectively held. Today's cracker of a result by New Hope only reinforces that!
Brickworks was also dudded somewhat by the fact that its cross share holding in its undervalued self, held within soul patts was also diluted.
Anyway the dividend is big enough that the flow through to Brickworks is still substantial
Ann: AGM and Trading Update, page-18
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