I need to get a new fag packet I think.
Should have stated undiluted divi payout would be twice today’s SP of 13.5 = 27c
Diluted divi would be say a third of the undiluted = 9c let say 10c
Return on today’s SP = 10/13.5 which is just under 75%. 10c is just under 8% dividend yield on a future $1.30 SP.
Ann: First EPCC Contract Milestone achieved, page-13
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