emerging from the chrysalis, page-9

  1. 9,927 Posts.
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    my understanding is caltex will be paying a fair sum to transform the refinery to an import facility in 2014.
    Thats fine but i was wondering why commsec is suggesting caltex may increase payout ratio eg to $1 plus in 2014 considering transformation wont be finished till 2015.
    Is there some reason i have missed or maybe simply incorrect on commsec information.
    ps quite often the figures commsec publishes are from third parties are incorrect but as i'm new to caltex i was wondering if there was a company announcement i missed.
    ps nice informative posts camden
 
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$25.85
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