UNV 0.00% 16.0¢ universal coal plc

TER annoucnement, page-21

  1. 4,703 Posts.
    lightbulb Created with Sketch. 196
    not sure if they could pay a 1c dividend now as its based on just under 50% net profit payout ratio from memory? With a small profit id imagine theyd hold off on a dividend and avoid doing like ter who have been milking the cash pipe in contrary to profitability.

    i wonder how long until clarity will be given ? I'd imagine we mighr not get a response until end of this week at best given TER are waiting for legal consideration?
 
watchlist Created with Sketch. Add UNV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.