This is for long term holders. And just my simple way of "calming the farm" on this rollercoaster ride that I/we have been on over the years. Macquarie are forecasting a maiden div of 34 cents per share. Their opinion aside, with all the growth that is envisaged over the next few years, it is not hard to imagine that the total of all dividends plus earnings on those dividends if reinvested would amount to at least $2 over the next say 7 years.
In which case the share price needs only to be $3 to give me the same capital that I now have at $5 per share as it now is.
Not good but I can live with that given my entry price.
BUT! HELLO! the share price won't be $3 because whilst I have been receiving divvies equal to $2 per share (based on say 25% of "free cash flow") the company is retaining the other 75% for purposes it sees fit.
That 75% equates to $6 per share or $18BILION and will ensure returns for us all way in excess of $5 per share over that time frame.
"You know it makes sense". Lol.
Have a good weekend.
Good News & Bad News, page-18453
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