PLS 2.96% $4.18 pilbara minerals limited

The release of the maiden dividend will spur the SP beyond $6....

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    The release of the maiden dividend will spur the SP beyond $6. Watch for the SP to travel hard around Tuesday / Wednesday next week (to ensure record date).

    Most ASX'rs of similar size will do 70%'ish distributions based on debt covenants and debt / equity mix requirements to maintain governance. Id expect a dividend between 20c - 30c per share or $600m -$900m distribution
 
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