The company probably is best to build a cash reserve of $100million which is at the higher end now its revenue is going to be substantially higher over next 4 years. With this in mind $50 million would fund even the biggest new projects leaving a residual operating base of $50million. Therefore freeing up approximately $50 million in FY25/26 to pay in dividends. $50million is about 6 to 7cents per share.
FEX Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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