dividend, page-16

agree with @ upthefog ....... 2billion looks a bit stretched to me as well..... I would see FY20 rev in the range 1.7 to 1.8b that's still 30 to 38% increase year on year that's pretty awesome in my opinion.

so far as SP goes till Nov 19th AGM if global macros hold the SP should attempt to close 14.58 to 16 gap and on the AGM day if there is a positive market update then there is a good chance of ATH's

Imo key things to look would be the distribution figure rate in US, new product launches, usage of cash (may be an acquisition in US to fast track things)

and above all a re rating has to happen purely on peer valuation basis A2 is now trading a tad over 5times market cap to fy20 sales (going by 1.7b sales) IMO it's on the cheaper side. Not very long ago it was trading more than 10times on the same metrics for staple stocks it is one of the popular valuation metrics used. IMO it's some thing to ponder upon

As usual DYOR
aimo
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