Lets say each store capitalises $50 a day gross profit increase from this pricing change because purchase and operating costs are fixed now (very doable and conservative scenario I think)...so...
$50 x 350 stores x 120 days left till end of H2 = $2,000,000 gross profit increase so $1.4mil npat... add it to 17.5mil FY guidance thats $19mil npat FY. They also might be preparing cracking Easter offer. The FY numbers might really surprise us I feel.
I agree there is not much free float now and everyone wants that 24c divvy also people realising its real value and what might be coming. its still 6% yield at current price. Sector is 4% so it will hit sector average at $10 sp.
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also people realising its real value and what might be coming. its still 6% yield at current price. Sector is 4% so it will hit sector average at $10 sp.
(20min delay)