Can FID make the ASX 300 ?, page-8

Many thanks for that display. FID has indeed been an incredible story.

The business growth in oarticular has been consistent for years. The ongoing share price appreciation shown in that chart might look at first glance to be overdone. But No - not at all! The growth is fully backed up year in and year out significant holdings of Cash on hand highlighted in the Balance Sheet - allowing naturally for quality fully franked dividend payout.

With strong record stockmarket conditions present so far this year and more institutional presence on the FID register the valuation outlook for this FY must surely be again positive.