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NPK sitting at R430 with packaging demand looking anaemic across the continent. At what point does the divi…by @bear_naidoo on $NPK

R.
R. Naidoo@bear_naidoo·Bearish

NPK sitting at R430 with packaging demand looking anaemic across the continent. At what point does the dividend become a trap rather than a cushion, or are we still getting paid fairly for the cyclical risk here?

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