I was just going back through the reports to see why it might be dropping.
From what I can see 8 cents per share earnings.
Approx 16Mill EBITDA
Yearly dividend of 2.5cents would be more than twice covered.
Cant see reason for the drop other than than the market doing what it does. Providing an opportunity to get in cheap.
GLTAH
Ann: Investor Showcase-RXP.AX, page-8
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