Battersea.......On the basis of a 6 cps dividend as outlined in my reply to Gwahir , this should translate into a share price of A$1.50 on a 4% yield or A$1.20 on a 5% yield. This does not take account of any future discoveries or cheap project acquisitions which could add a further 10 cps plus per share. In the meantime I look forward to a new 5% holder emerging onto the register .
Ann: Takeover - extension of offer period, page-22
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