What is interesting is that they are still paying an interim dividend of 8c. Was this keep purely as a meek attempt at trying to maintain the share price? 200mill(approx) * 8c = $16mill that would possibly be better in the company's pocket, unless, as I mentioned before, they were worried that a 0c dividend would have destroyed the share price even more, thereby getting a lower amount of cash thru the SPP. I'm sitting on the sidelines and waiting for a bottom before I buy in. I do believe this company's share price will improve, however, the debt is weighing them down like a V8 Chev engine on the bottom of a boat mooring.
HIL Price at posting:
$1.59 Sentiment: Hold Disclosure: Not Held
