TER 4.76% 22.0¢ terracom limited

With the undervalued share price a buyback could be good.If we...

  1. 21 Posts.
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    With the undervalued share price a buyback could be good.

    If we gave up 1 year of dividends (say 4x10c) this would buy back almost half of the shares on issue.

    With the number of shares almost halved we would then start to receive twice as big dividends each year for the remaining 7 years.
    ie 20c/quarter if the coal price was to remain where it is.

 
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