As per their last trading update they expect EBITDA of between $38 and $42 million.
Just the payment on dividends at 9 cents per share with 315 million shares on issue will cost the company over $28 million. Adding on
their interest payments on long term debt alone of approx. $223 million adds another $15 million.
Just these two outgoings alone before taking anything else into consideration takes them over guidance. Something will need to give and I'm guessing it will be dividends. It's either that or they are super confident that growth is going to shoot out the lights in the next couple of years.
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