Originally Posted by
iceman
I look at it differently Beagle. As we know, we have recently had a big capital raise and issuing of lots of new shares. Maintaining (slightly increasing) EPS and ROE this quickly tells us the new capital has been put to good work very swiftly, growing most parts of the business and increasing NPAT and dividend.
I don't like the increase in dividend as I believe they should keep that cash, but man I like the 24% growth in the Aussie REL business.
I think this is much better than a "very average result" !