With the revelation of the Activist's Campaign and its agenda, what are the thoughts of holders re the chance of a divy being announced by MGX in reporting season?
I would say pretty good, in particular given -
* Revelation of the Activist Campaign (if nothing else this could be a motivator to the board to try a quiet the agitators....),
* KI restart approval and construction underway,
* No news or developments on acquisitions (many comments emanating from last weeks D&D Conference that the market for M&A is 'very competitive'),
* $60mil in franking credits available.
As to quantum, i have no idea but would suggest anything from 2c to 4c....
Thoughts?
PS, does anyone have a confirmed date for EOY Reporting Announcements? I have an estimate of 16th August?
MGX Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held
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