How much the company will deducted expenses from NPAT this year is the question at hand.
NPAT of $18 mil would roughly amount to 4cps. 25% of this is 1cps. So even if none of these expenses are claimed this year (which is unlikely) then we would be looking at 1cps div.
If they claim all the $13mil as well as the reduction in debt $6mil, then overall we are negative NPAT (unlikely). Somewhere in between is the likely scenario.
SBB Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held
