So far that is the policy of the company, with the changes in iron ore price from the previous quarter to what they are today.
There would be enough to pay a similar dividend, but it will also depend what we are making this quarter.
Remeber its 50-80% NPAT pay out ratio and this time around no carry forward losses to pay less tax.
Dont forget the policy is semi annually or annually. So we may not get any and 1 final big one.
My analysis of the situation is dependant on what the new chair wants to do and his strategy and offer to the company and board.
I dont know how ambitiius this guy plans to be, so they may preserve cash to put in his place the new direction they want to take FEX.
In a nutshell i would say at this stage it is a wait and see approach.
Rooks
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