Hi Whisky. Sorry this strategy does not cut it. The company is generating a lot of free cash and this strategy does not communicate their plan for that cash. It does not even come close. The board needs to be clear on how it plans to deploy the cash pile to generate returns or else they need to return the cash to shareholders. Either option is fine but they need to be clear on their plan.
Some posters on this forum want higher dividends, some want growth, some want a balance of both. All these are legitimate options but the board needs to communicate.
Grange's Iron ore pellets at A$427/tonne, page-91
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