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    My guess is a 1.3 cent dividend, but could be as low as 1cent because 1H is usually a lower ratio than 2H dividend.

    This estimate is based on 1H15 EPS of 1.9 cps and 70% payout ratio.

    1.9 cent EPS is calculated as follows:
    1H15 NPAT =($4.46M x 1.85) x .72 = $6.1m
    (a) where 1H15 PBT = 85% increase on $4.46m
    (b) 1H15 NPAT is approx 72% of PBT over past 2 years

    1H15 EPS = $6.1M/321.5M = 1.9cps
    where 321.5M is current shares issued

    Dividend payout ratio is around 70% of EPS, so would be 1.33cps (i.e. 1.9cps x .7)

    I might be missing something here, but otherwise a reasonable guess.
 
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