Back under 20c, this could be the yield play of the year if they pull a 2c dividend! For that to happen we’ll need a full year profit of $105mil... if they’re still applying the 20% profit rule. They definitely should go close to achieving this given to great 1st half. Then with all that cash at bank they should be looking at paying an extra 1c dividend too.
Ann: GRR - Quarterly Report for 3 months ended 31 December 2018, page-20
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