No idea Snosrap,going by fy ebitda guidance and eps 1h final div should be 4 to 5 cents.
There current pay out ratio is 70%,but requires debt to be under $10m.
As posted due to increase in business and orders in hand bis stock went up $9m ie total above $10m.
But main shareholders ie approx 3 of them have put pressure on bis in past to provide returns on their investment.
So it depends on stock levels,whether the stock has been converted into sales how 1h 19 sales have started etc.
All news has been positive re sales,good aud etc
Will be interesting if they give fy19 guidance at agm like they did fy 18.
Really just a case of waiting.
ps i hope there is some news on sub steel test results before agm.28/8
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No idea Snosrap,going by fy ebitda guidance and eps 1h final div...
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