Originally Posted by
Beagle
I don't know but I have mused about that at quite some length. If they paid a 2.6 cent final divvy like last year it would cost them on the face of it just on $16m, less whatever amount of shareholders have signed up for shares in lieu of dividend at the 2.5% discount, (last year ~ $2.7m), so about $13.3m net shall we say.
Operationally from the Macquarie presentation they appear to be tracking fine from a profitability perspective and they have more than $100m headroom with their financial resources so I would say on the balance of probabilities its highly likely, (but not certain), they will declare a normal dividend when they report their full year result in just on two months time in late July.
I will probably sign up for the shares in lieu of dividend program.