debt before dilution, page-20

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