With the long delay between capital distribution being first announced and actually paid, along with a favourable insurance payment expected and ongoing cash receipts, I'd like to see the cap distribution increased from $0.008 per share to at least $0.009 and preferably $0.01.
$0.009 would mean $43.15m AUD paid, as opposed to the $38.35m AUD they will actually pay. Crikey it's 6 months after being first announced.
These guys need to do the right thing!
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No. | Vol. | Price($) |
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9 | 3662174 | 0.012 |
5 | 6690999 | 0.011 |
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2 | 245123 | 0.008 |
Price($) | Vol. | No. |
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