Does it say much about the spp? How much retail will be allowed to take up at 0.83? I have a lot of other reading to do
What I have read so far is that we get another $20m ebitda to add to the $100m we currently earn, so that's another 20% growth added to the bottom line I'm sure by consolidating & cleaning out the business as well as convert current contracts to benefit srg in the future, we could improve on that
So that could add another 1c (or more) to the dividend next year So the current 4.5c becomes 5.5c for the 0.83 sp on offer We're looking at well above 6% (that will be double the market which should be closer to 3% by next year) It'll cause delays in our sp increase for this year but long term it will provide great value to the business
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