If what you are saying is that the 'Retained Profits' table was/is an attempt by GRR to justify/explain their decisions and actions re divis, I think your right @ThinkinLoudly
But that $277mil loss in the 2015 column was greatly attributable to massive asset write-downs (paper losses) which of course wiped out any previously retained profits and the majority of this year's $92mil profit. Very accountable accounting
And now that you bring it up, the balance of the Retained Profits ($1.14mil) shown on the table is not even enough to pay even another .5c divi per share. So there's something for you posters/shareholders exclaiming a divi in Sept is guaranteed, let alone suggesting the divi will get bigger.
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If what you are saying is that the 'Retained Profits' table...
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