UNV 0.00% 16.0¢ universal coal plc

Ann: Quarterly report - UNV delivers on guidance, page-13

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    Ebitda for 1H2019 was 53.3m with attributable 31m.

    latest quarterly is fy2019 93m (attirbutable 51m) ebitda.

    going off proportions 2nd half ebitda is therefor diff of 39.7m or 20m attributable. Even 20m ebitda attributable / 31m * 2c divvy gives us a 1.2903c divvy. I'd say 1c divvy is more highly likely than 1.5c let alone 2c. Obviously highly presumptuous in pro rata methodlogy but still short of depreciation etc. Being materially lower in second half.... the npat being lower first half will likely push the divvy down.
 
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