Even based on a price of .315c a .05c divy still represents a 15% yield plus franking.
That's still bloody good in my opinion for about 10 days work. (Ex date)
They appear to be a very conservative bunch.
Paid out divy at the lower % level they previously mentioned
Hedged a good portion of their production a good prices going forward
Eagerly awaiting their next corporate update.
What's not to like in my opinion ?
DYOR
15.8% fully franked divy
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