TI1 0.00% 1.4¢ tombador iron limited

If last quarter is anything to go by then their cash and...

  1. 3,853 Posts.
    lightbulb Created with Sketch. 542
    If last quarter is anything to go by then their cash and receivables should be around $30-32m AUD by June 30th, as that figure jumped by ~$8m for the March quarter.
    It's possible that they pay a large dividend around 1 cent, but maybe a 0.5c div would be more prudent and then they could assess a half-yearly one (or even quarterly one if its going really well).

    I note directors and management don't own that much stock so maybe they couldn't care less about dividends. Guess we'll find out!
 
watchlist Created with Sketch. Add TI1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.