Hi Coppertop,
I took 9.28cps as being FY10 cashflow - less 5.45cps in first half... except small typo on the calculator, so should be 3.83cps in second half.
Although "australian costs" didn't get a mention in the first half, so perhaps the figures weren't apples-with-apples?
Agree with you that distribution may be sustainable, but a bit of debt reduction might not hurt in the meantime - if the shareprice wasn't responding to a potential 20% yield, then it probably wouldn't make too much difference to drop the yield to 15%...
- Forums
- ASX - By Stock
- distribution announcement - 3.5 cents per unit
Hi Coppertop,I took 9.28cps as being FY10 cashflow - less...
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)