UNV 0.00% 16.0¢ universal coal plc

No sure why people are suggesting dividend might go from 1 -...

  1. 932 Posts.
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    No sure why people are suggesting dividend might go from 1 - 1.25c

    EBITDA is forecast at 51 million next half, the next FY was previously forecast at 93 Million, what does that tell you....we already going to beat that.

    We paid out 5.2 million for the last 1c dividend, reckon that can be doubled ??....of course it can, on a 40% payout : earnings ratio it could be tripled in the next FY

    And with ~ 45 million in the bank.

    The companies minted and already hinting at beating forecasts

    Never mind Ubanto coming to life in the next 6 months........
 
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