I'm tipping another uninspiring 0.5c divy. Sorry I have no...

I'm tipping another uninspiring 0.5c divy. Sorry I have no confidence GRR management despite the apparently high shipping numbers, which may only make up for the lack lustre previous numbers where C1 was as high as $155/ton (albeit due to works required for safety - fatal accident) ! In 2016 and for the year ended 31/12/16 they managed a paltry 1c divy costing $11M from the $92 M profit delivered after tax and having $166 M in cash. This poor divy will do nothing for the share price. Going forward the increase from mills may help from say 2.75 to 3 M ton per year but not overly given new entrants into the market will come on line by early 2018. My thoughts after being a long term investor.