asf, the 20Mar14 12cps div paid was the milestone payment....12...

  1. 494 Posts.
    asf, the 20Mar14 12cps div paid was the milestone payment...
    .12 * 166 = A$20m.
    They also built cash at the half year so could have paid out more but instead choose to hoard it...

    my cals previously - looked forward to assume 6-7cps without any milestones in them. So technically speaking ACR could payout a total of 18cps (including the 12cps previous paid for the full financial year)... a final div of 6cps would be nice :-) and then 6-8cps over the next year is acceptable in my opinion

    Regards,

    Andrew
 
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