breakout multi year range 2.40 maybe
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breakout multi year range 2.40 maybe
Yes its been a good run over the last 6 months. Fed on by a flow of positive news along the way. New CEO and Chairman and exit of GPG have all been big positives in my view.
Nice looking announcement this morning, Div up 2c from 6c to 8c. On market buyback in 1st quarter 2015, talk of expansion in the pacific.
buyback would take shares on issuee down from 175m to 158m odd at $2 more if the price is lower, increase earnings per share and if they acheive a result of npat the same or better than this result higher dividends this time next yr so at todays price you could get maybe 15-16cps div next yr for a yield of nearly 8%