I gotta say, I was in the higher divvy camp
it pains me to say this but I think I see what KG and co are doing
pay less divvy as there’s no franking and buy back shares instead (not bad idea while sp lagging)
debt reduced and funds available for big end projects
this is a long term play to establish the company as a genuine o and g player
what do they say - build it and they will come
cheers
rc888
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1 | 100 | 7.900 |
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8 | 14483 | 7.850 |
Price($) | Vol. | No. |
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