So $15,000,000 will be enough to pay a 1 cent/share dividend. That's right, isn't it.
BRL say that the court has indicated that judgement will be given at the end of august.
BRL further say they will vigorously defend the claim
I assume that indicates that, even in the event of losing the judgement, BRL would appeal and would'nt be paying L and M anything while an appeal was in progress.
Let's see how the share price reacts to the court result, a maiden dividend, full year results and 12 month outlook to indicate further dividends to come
I'm certainly looking forward to a dividend.
BRL Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
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