Totally agree....just picking up the Fin over recent months and every article is about shareholders change of tact and everyone chasing the yield....you can't see this sitting anywhere close to $1 if they announce a dividend just based on confirmation of an on-going great yield.
And its just my thoughts but reading into the fact that they will exceed profit for the year, it gives me the feeling that they will at least maintain dividends which will give a great yield without thinking about special dividends which will be icing on the cake!
"Whilst this lower revenue expectation will impact on the earnings outlook, MACA anticipates that net profit after tax for the 2015 financial year will exceed that which was achieved in FY2014."
MLD Price at posting:
97.0¢ Sentiment: Buy Disclosure: Held
