S32 1.60% $3.68 south32 limited

I suspect holders will get less that 40% of NPAT as divvies in...

  1. 5,580 Posts.
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    I suspect holders will get less that 40% of NPAT as divvies in the future.

    S32 will distribute up to the balance of the franking credit a/c. Thereafter, buy-backs are more logical. Exiting Illawarra and investing overseas in Sierra Gorda and Hermosa plus whatever is next means proportionately less Oz taxes will be paid.

    Curious, your wish is granted.

    Ash
 
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