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0.00% 1.4¢ tombador iron limited

Thnaks @Jenkstar.I've looked at this in a simplistic way.With...

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    02/03/22
    12:31
    Post #: 59924591
    Thnaks @Jenkstar.

    I've looked at this in a simplistic way.

    With 2.2bn shares out, for every 1c dividend we need a NPAT of $22m. Looking over @bosto's work we could well have a lot more than $22m annually. BUT I'm conservative and at today's SP of 4c , that 1c dividend is still 25%.

    GLTAH
    TI1 Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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