They could certainly pay a 10cps dividend from the PH cash flow, without touching the nest egg in the bank. They could do a 5cps dividend and a 150M share buyback and have a win both ways.
We will have to wait I see.
5 Aug will be a critical date as this is when Burgess speaks at the D&D in Kalgoorlie. Some whispers on strategy or expansion will certainly put the "cat amongst the pigeons"
HT1
OZL Price at posting:
$8.75 Sentiment: LT Buy Disclosure: Held
