Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.
Lol.. I'm not too worried about the re-rate stopping. The YTD chart is looking great.
You dont need to wish you went bigger can still get in while its cheap imo!! Will be over $1 soon and then heading to $1.50. And only then trading on a 10x P.E well under its peers.
If TWR dont use that $43m large event allowance they will surely give most of it to shareholders? Cant think of what use they would have of it? They have finished the IT upgrade and capital requirement levels well above requirements..
$30m return is about 8cents a share.
We could get a final dividend of 5 cents + special div of 8 cents? wow that would be a good christmas present
Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.
Lol.. I'm not too worried about the re-rate stopping. The YTD chart is looking great.
You dont need to wish you went bigger can still get in while its cheap imo!! Will be over $1 soon and then heading to $1.50. And only then trading on a 10x P.E well under its peers.
If TWR dont use that $43m large event allowance they will surely give most of it to shareholders? Cant think of what use they would have of it? They have finished the IT upgrade and capital requirement levels well above requirements..
$30m return is about 8cents a share.
We could get a final dividend of 5 cents + special div of 8 cents? wow that would be a good christmas present
A special dividend (indeed, any dividend) is not really tax efficient presently, with no imputation credits available. Trusts that don't distribute to beneficiaries pay 39c in the $ tax now. A capital return or buyback is surely better.
If FY24 does prove to be such a good year absent use of the large event allowance then some imputation credits will commence in FY25, again assuming profit meets hopes/expectations then.
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