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1.Market Observations, 8.Was Sticky

14 Dec 2016 (TheAge) – Commodity rally sets up a mining cash splash

(14 December 2016, The Age, BusinessDay, p23, Jessica Sier)

‘This year’s stunning resurgence in commodity prices has Australian resource companies well placed to at least double their shareholder payouts. “The rhetoric at the moment is still that there will be greater financial discipline going forward,” said Romano Sala Tenna, portfolio manager at Katana Asset Management. “And as such we expect a greater return to shareholders via dividends, probably around double for the majors.” ‘

Read more at TheAge.com.au

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