re: Ann: Appendix 4D and Announcement of Half... What an amazing share. A complete secret. It has NO DEBT. It operates in a monopoly. EPS in the grip of the GFC was 17 cents a share. Non-crisis it is a 20+ cent a share EPS company. Normal dividend is 6-7 cents (about 6 percent) fully franked.
I cannot figure out if inflation or deflation is coming. Since air fares can be price reviewed it means they can react to either.
They will being purchasing their out of lease aircraft and owning them. A cheaper operational method than lease. The aircraft they buy are boringly cheap (like buying corn flakes for us)
What a good Aussie, workmans, share. Go REX!
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