i must be missing something? from what i understand the current...

  1. 1,204 Posts.
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    i must be missing something?
    from what i understand the current operations will yield around 15m profit
    so if you keep making the same money for 5 years that's 60M
    accumulate and keep the money in that bank for 5 years
    5 years on, pay 2 consecutive periods to the hybrids total say around 20M to (comply with the obligation to pay a dividend to the Ords)
    so 60m less 20m=40m
    pay the balance to the Ords
    how hard is this to understand
    on today's market cap that's 200%
 
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