Hi all
taking a mid point of 41m net cash end of June ( companies guidance 40-42m, PRT EV is approx 39m which is ridiculously low and about 1.5 x free normalised annual cash flow.
with the Olympics in the second half and a federal election first have 2022 it should be another robust 12 months .
I place the chances of a dividend in August at 90%. Anywhere between 1-1.5 c per annum . I imagine .75 per half would be reasonable as it will enable cash to continue to build meaningful and reward shareholders simultaneously
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