Dividend will be Declared tomorrow and ex dividend date but the ex dividend date might be in a month or two. No need to panic, there will be plenty of time to fill out the forms.
With a whopping dividend and probably a whopping share buyback I could easily envisage a 20% uplift from current SP on Tuesday morning. Maybe this is just wishful dreaming ?
They Seem to have a plan in place To spend serious money on the theft problem, which is good news. The situation could be very different in a couple of years (when the SP could be >£10 methinks)
The maths is simple but one has to take a view on the future price of coal.. Also, Is thungela sitting on ’ stranded’ assets as the market seems to assume? I don’t think so!