I kinda agree rcman, I'm just talking 'my book' on the pear/franky divi guessing thread.
Debt reduction has been my preference, but if you think about it, they can pay the 24 cents out of just over a month's cash mountain. Then five month of cash goes to debt, then another big divi followed by five more months of debt reduction, and after that there'll probably be no debt left to pay, so bigger divi's and a bit of buy back, to snot the shorters.
broker opinion, page-23
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