The eps for FY16, ending June 2016 was 14.20 cps, if my memory serves me correctly. If Morgans is right, and there is a net loss of 5.60 cps come end-June, 2017, then the eps would only drop to 8.60 cps. With a 78% payout ratio (POR), the total dps for FY2017 = 6.71 cps, not a low of 4 cps.
Then again, Morgans could be wrong in their forecast,....
The eps for FY16, ending June 2016 was 14.20 cps, if my memory...
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