Gtrain,
Exactly the same thoughts as me re depreciation....implies hit their estimates on earlier guidance but didnt account for depreciation to hit in this period on the new plant...re M&A my thoughts the same as yours ...bit odd given the prospects for train 4 ,,, maybe they are keen to get more volume underway more quickly given the build time??? ,,,,,
Hd a longer look at all the accounts ...looks more and more likely for a return to 4c div from this point forward per annum...
great value if I m right then..
But even this year another 1c final would make an excellent return and stil leave room for cash appreciation internally...
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