BFC
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0.00% 0.3¢ beston global food company limited

Ann: FY16 Full Year Update-BFC.AX, page-82

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  1. asb83
    3,617 Posts.
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    05/08/16
    14:52
    Post #: 18454730
    I got out a few weeks ago. The original dividend forecast in the IPO was extremely optimistic in the first place. Perhaps they used the dividend as a carrot to entice investors. The original dividend equated to something like NPAT $6m+. Considering the first half result, the second half would have had to have been a rip snorter for it to get anywhere near that.
    BFC Price at posting: 40.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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