They said in the AGM address their div target was 30-50% NPAT. I think if they committed to 50% then that could see the market lift them to a p/e circa 10 ie yield circa 5%. Given divs are unfranked I wouldn't see it going much higher than that.
Ann: AGM Chairman's Address and MD & CEO's Presentation, page-14
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83.0¢ |
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Mkt cap ! $143.8M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.0¢ | 80.5¢ | $6.037K | 7.352K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35822 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 5000 | 1 |
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