There are $77million of liabilities before the tax on the profit which will actually eventually turn into around 75c per share to 80c per share. Before you question my numbers I got them from the announcements and confirmed with a review the Int Investor put out.
So there is no $100million in well and 80c back to each shareholder in cash.
If I was to get 80c and 4100 million company still moving forward I would not have my doubts.
AZZ Price at posting:
50.0¢ Sentiment: None Disclosure: Held
