"Not many companies could pay out $1.00 special dividend (I understand partly funded by DRP), 29 cents of ordinary dividends , buy their domestic manufacturing and warehouse facilities for $32.8m and spend over $13m on new plant and equipment and still have net cash of $8m."
Yes, but in the interests of balance, don't forget that they started off with $38m twelve months prior, so...
But your point on the lower AUD potentially having a favourable impact on ARB's presence in the OEM market is well-made, and one which I hadn't given much consideration.
Finally, your reference to a 22% uplift in R&D spending. Can you say where you came across this figure because it has bypassed me?
ARB Price at posting:
$13.55 Sentiment: Buy Disclosure: Held
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