re: Ann: Appendix 4D/Half Yearly Report and A...
A fairly solid half year report given conditions would be expected to be tough out there. Increased div is nice, although cashflows don't really support it this half. However, one-off inventory and investment factors maybe at play and there is some cause to look for a stronger second half.
Good value here and still a possibility for 20cps by year end.
MBD Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held