Yes, very disappointing in the short term. I guess we should...

Yes, very disappointing in the short term. I guess we should have the half-year results out in the next week or so. I've really no idea what the NPAT wil be because its difficult to anticipate what the D&A and Australian tax take will be. What can be said is that the Georgian operation gave cashflows to BSG of approx $6million over 6 months (after taking into account Georgian taxes and sustaining capital). I have no reason to believe that the divvie situation will change - at 17.5c its paying over 8.5%, unfranked.

angus

I hold I have been accumulating