I would be very surprised to see a dividend between here and...

I would be very surprised to see a dividend between here and Christmas, TER have $64m (depending how much was paid in Jul-23 for Jun-23) of income tax to pay by 1 December. Cash will be tight, depending on Q2 result. A dividend is not out of the question, but i would be surprised.

To be honest, i am even 50/50 on a dividend from half year result, I think we will see a smallish one 1-3 cents. But if the Q2 result is as crap as Q1, it might be nothing again. Unless they sell RSA for good money, but if they have received an offer, I would think they would be required to announce that to the market.