CDU cudeco limited
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debt before dilution, page-20

  1. GFM
    1,204 Posts.
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    03/09/13
    16:12
    Post #: 12281626
    Brickwalls,

    in fact their loan was about $360mil, the company made a profit last Financial year, but guess what???

    They are not going to pay a Dividend !!!!

    Compared to CDU where the Board have indicated that they will pay dividends and will not be putting money into other projects, other than Rocklands, and with no debt currently that would mean they should have a high dividend to earnings ratio, 80-85% possibly. DYOR

    cheers

    cj
    CDU Price at posting: $1.66 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 25  Upvote
    lightbulb Created with Sketch.  Great analysis
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