Been an early advocate on not paying dividend preserve cash for...

Been an early advocate on not paying dividend preserve cash for potential acquisition/ expansion. Glad most of us are on the same page now.

Since the dividend policy is already out, not much we could do now other than accept it. However, I do hope TER does something similar to YAL, has a 2 month period between declaring and paying dividend.

As it's coming from NPAT for the period 30 June 22, we should be expecting to see it between July- Oct, depending it on whether they used quarterly, preliminary financial report or the audited one. Generally ASX companies would use the latter. And if that's used and add another 2 months on it, it will be December when it's paid out and plenty of cash for company to work with until then.