Yes, Alonso, I agree I'd like to get my hands on that CASH...but to be fair, they have declared a special dividend roughly equivalent to 50% of the half year profits. Plus, they are still spending heavily on CAPEX (roughly equivalent tot eh HY profits).
I htink we can take it as read that the divvies will now be 1.75c ff for the CY18 year.
At 15c where else can you get a grossed up dividend stream at 16.67%?
Sure there is some weakening in the marketplace and the efficiencies of the CAPEX spend won't kick in till CY19...even so, I see this having a CY18 eps of around 2.2c. Where else can you buy at an unbelievable EBIT/EV of less than 4!
Yes, Alonso, I agree I'd like to get my hands on that CASH...but...
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Last
$10.88 |
Change
-0.050(0.46%) |
Mkt cap ! $180.8M | |||
| Open | High | Low | Value | Volume |
| $10.94 | $10.94 | $10.79 | $122.2K | 11.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76 | $10.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.88 | 51 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| CAA (ASX) Chart |