I suspect prices will be lower for 2023. The furnaces seems to be taking some time to restart as well.
Based on comments from management in the webinar. The tax issue might take awhile to be resolved.
The 25% stake will be a boost. But will likely be matched by the slowdown in metal prices.
hope they give a 25% to 30% payout. They can do it easily.
aud 100mil profit thats 3 to 4 cents.
its really much higher than that. Usd10mil write off for the old furnaces. Depreciation and what not.
Ann: Dividend Policy, page-8
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