re: divvy increased to 15c Greg Smith of Global Commodities is bullish on sugar prices, the Queensland SMUT infestation is not as bad as thought and the cane will still be processed. He was quite positive on gas as well as grains due to low rain fall in OZ and USA seed belts. Greg was bearish on cotton.
The increase in the divie by CSR will get more funds into this company as well as the 5 percent buy back of outstanding shares starting at the end of the month. Should be positive in the short to mid term.
Regards RM
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