actually at current share price of3.2c, the HY cash earnings of 0.87c/share, if annualised (supposing the same in 2H2009), will represent yield of : 0.87c*2/3.2c=54.38%.
Given that the current HY results contain a lot of one-off losses (i.e. realised value lower than book value) from asset sale, I am expecting min 4-5c cash earnings per share in FY2010 or at latest FY2011.
Let's wait and see whether this will eventuate.
actually at current share price of3.2c, the HY cash earnings of...
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