EXT 7.69% 1.2¢ excite technology services ltd

possible div.

  1. 20,270 Posts.
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    A wild guess as there far too many varieables and too long a time frame.

    However a guess to look forward to, sometime in the NOT TOO DISTANT future.

    The possible Div, yes I am on that horse again, because my shares are now locked into my Super.

    We have ...... all numbers are roughly, a wild guess.
    260mill shares

    Cost $32 a pound
    Production 18mil pounds
    At ONLY $60/pound long term sell price

    Profit will be say, $30/pound
    Which equals $540,000,000
    Per share $2.08
    Div if company retains 50%
    $1.00/share
    WITHOUT any Franking credits

    Yep, boys and girls, something to look forward to.

    Could this be your income stream for the next, 20,30 or so years*** as you do nothing except sit back and watch the steady, ever increasing price of U INCREASE, you yellow income stream ?

    Think, when the cost of U is averaging $80/pound and smile.

    (*** 20, 30 or more years, Provided you live that long.)

    This silly 'position' indicator, BUY of course !

    Is this ramping or is this some of the cold boring facts about owning EXTRACT stock ?
 
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