Very Nice! :t_up: Happy holder.
Printable View
Very Nice! :t_up: Happy holder.
Fatter dividends. Very good
Yes this is a great result. Cash generation of $265m allows for debt reduction from $315m (2014) to $193m plus significantly increased divie. I hope they continue focusing on getting net debt down to or below $100m and then pump out dividends at a great rate. That's assuming market conditions remain favourable which they should do for awhile yet. Happy holder and accumulating
interesting to see that despite having 2 shutdowns in the 2016 year they are forcasting a record thruput. 2017 will be a cracker year if margins hold up (pardon the pun). Div next year could be around the 40c
With this kind of dividends. I can retire haha.