Nothing really new that wasn’t already out there
Media had a ball though didn’t they ..and even the PM had something to say.
Printable View
Bought for dividend yield and under no illusion regarding capital gains. 16 cents fully imputed = 22.22 cps gross which is 10.8% gross yield @ $2.05. Outstanding !!
Heck mate thats a bit tough
If was going to do some upramping it would have gone along the lines of -
Reduced staff costs + Agile + significant online growth + Noel Leeming winning big time = THE NEW TRANSFORMED WAREHOUSE GROUP = 25 cents sustainable divie in medium termand likely to grow
What you pay for a 25 cent imputed divie? Say 8% gross yield = share price over 4 bucks
May as well get in now.