Whilst any forecast of future revenues and expenses is subject to variation, both up and down, your analysis is certainly robust enough to highlight $3.80 ( $2.96 dps + $0.84 franking credits) of future potential value.
My expectation is that once the franking credits have been exhausted, the SDG BOD will introduce a buyback to enable shareholders to utilise their cost base when realising their final return on capital account.
DYOR IMO Clare
SDG Price at posting:
$2.44 Sentiment: Buy Disclosure: Held
