TRA have laid the foundations to keep paying increasing divies.
4 cents [plus] ???? Bring it on.!
Indeed, I was being conservative. To date the quarterlies have been 3,3,4 and 4.5. With increased profits and their dividend policy these could well increase in FY18. I would hope for 3 (we know), 3.5, 4 and 5. But time will tell.
Too funny mate. Time for this hound to move on from this and go sniffing elsewhere in search of the next hunt.
Good call, plenty of other potential opportunities out there. I've had my vent as with most other disapointed TRA retail investors, but I doubt it will come to much as the rule book isn't written by us, for us (retail guys).
I got a response to my email today from Todd Hunter advising the thoughts have been passed into the board and they will strongly consider a rights issue next time.
Must say I'm pretty impressed he took the time to write to me. Nice to hear that they've listened and I'm sure if they do this again a rights issue will be used.
You guys got your unused part of the share purchase plan refunded yet ?
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by blackcap
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