Actually sorry my brains not working fully yet too early.
7.7cps alone on a share price of 35c is more like 20% yield. Unsure what the franking will be might be more in the prospectus.
Lets just to be fair say 10-11c FY distribution moving forward (conservative) is 35%.
The SP should at a minimum be double. This train is about to depart. Choo choo
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Actually sorry my brains not working fully yet too early. 7.7cps...
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