My suggestion would beCould be cash distribution, but probably only if it isn't an unfranked dividend. So I am doubtful.
- AUD$0.025 / share to fund an immediate Off Market BB when results are announced: late August.
- at least another AUD$0.025 / share to fund a second Off Market BB in Nov: approved at the AGM.
They have to give guidance at the very least with the Annual Results.
The fact that they haven't given guidance yet, may indicate that a BB is one of the more likely options under consideration.
Time will tell, and we should know in a few weeks..
Ann: Commencement of WZ6-12 Workover and Drilling Programme, page-5
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