Report read well and I couldn't see reason for the SP decline today.
The two possible catalysts in the narrative were:
(1) No dividend for the FY12 year
(2) Capex requirements related to FY13+ expansion
IMO RQL looks like a solid company and given the dividend narrative I would expect a dividend in the FY13 year, despite the capex requirements.
Cheers
John
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- Ann: 2012 Results Announcement
Ann: 2012 Results Announcement , page-4
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