GREY:ANSBF - Post by User
Post by
mapmakeron Apr 30, 2013 11:47pm
193 Views
Post# 21341349
OSB producers are giving back
OSB producers are giving back Looks like Norbond came out with Q1 financials today. They have started up a quarterly dividend which should prompt other companies to follow the lead.
Amazingly, they made $1.27 /share and are giving out 60c in a quarterly variable dividend.
Using the same benchmarks and profit margins. ANS should make about .37c per share and can also come out with a .15c quarterly dividend. Because of ANS weaker financial position, I would hazard to guess a 5c dividend may be coming our way.
We should see a small pop tomorrow in share price.