So they're making about $500m ebit per quarter, with 3b shares, assuming they fork out say $750m for divy thats about 25c. If we get to $5 that's an interim yield of 5%, if $6 still 4%, which is very attractive. With FOMO kicks in, we always overshoot so wont be surprise to see $7 or $8.
Ann: December 2022 Quarterly Activities Report, page-51
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$2.90 |
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