Thought I would back track over the past few years of...

Thought I would back track over the past few years of performance when we were paying 2c divy or more before the I/O market crash.

What this shows is we are heading back towards great margins that can produce 2c divy each year, previously these were unfranked so now that they are franked the value is even greater and should push the SP higher than what it was back then. THe final qtr of this year should be good and will show near record sales and if c1 is sub $80 and Sell is above $105 we will easily see a 1c divy declared in my opinion. Also with Capex well in hand they should be more inclined to the Divy and I think CHina clamping down on cash leaving the country it does provide an incentive for the board to pay a divy as it allows them to store cash offshore.

Just my opinion

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0		Divy	Sell AUD	C1 AUD	Margin	Sales Volume
1	2016 ytd	.05	95.73	76.89	18.83	1940
2	2013	.02	147.99	119.94	28.05	1814
3	2012	.02	144.84	106.08	38.76	2400
4	2011	.05	210.21	109.43	100.78	1800