I am tipping the dividend to be no less that the final dividend...

  1. 696 Posts.
    I am tipping the dividend to be no less that the final dividend last year, 20c.

    What is good is that even at lower IO prices BCI has been able to accelerate debt repayment by $30M.

    30M / 123M shares is 24.3 cps which will presumably be available for dividends in future if the company cannot find a suitable opportunity for expansion.

    If the ROE and cash flow / divvies continue, the SP should re-rate. A lift in China sentiment would all but guarantee it.
 
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