Do you think they will pay 4c? I reckon they should pay even more than 4c. But the cynic in me thinks they'll pay 2c and hold on to the rest to further build the cash pile to absorb any future low iron ore prices to ensure a stable supply of discounted pellets to Shagang.
I would love a 4c dividend but based on their track record, I'm not holding my breath. It will probably just be a 2c-2.5c bone with just enough meat on it to placate any outrage.
I would love to be proven wrong on the above so we'll see in a few months
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