HHL hunter hall international limited

the value investor

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    Hunters! Was reading a great essay by Peter Hall, founding member, he is very compassionate and has a big heart for equality, justice and a better world. I also read an great article by Clime Asset Management, suggesting HHL was a great dividend play, and under valued. No debt, cash reserves, and nice ROE. Just wondering if anyone knows what the forecast Dividend will be for 12/13, and 13/14. Can the current dividend of 30 odd cents be maintained or sustained? Probably not? Any thoughts? It's a massive yield ATM, but surely that can't be true. Unless they borrow to pay it?
 
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Currently unlisted public company.

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