Originally Posted by
SparkyTheClown
I think a cent or 0.8c a share will be declared. Any more would probably raise eyebrows, given they declared a 2.2c dividend in May.
I take the point regarding weather assumptions in October, but on the laws of probability, a normal or slightly favourable weather pattern in NZ was more likely than the biggest drought in 50-70 years!
Ah - now that's an intriguing point regarding splitting Agritech and Agriservices, which roughly invalidates the merger of PGG and Wrightson and all the work over the last few years.... though may actually be the smartest thing. Lai gets his seeds company, and Agriservices can focus on what it does best.