If the company says $15 >20m I can't see Bell Potter being...

If the company says $15 >20m I can't see Bell Potter being correct at $21.8m (though I'd love to be wrong). I guess I'll go with RBS & say 18.3m, with a 6c div. With the DRP holding with the 5% discount (I hope), that will see shares issued at around $1.18 > $1.20 on current prices - sweet.

Looking at the next couple of years indicators, shows a significant increase in profits flowing through to a steep jump in dividends thanks to all the good work done in the last 12 months to gain great construction contracts, sell properties & win more mining & resource based income.