NHC 1.06% $4.75 new hope corporation limited

being driven higher again today, page-6

  1. 7,432 Posts.
    Typical,one logs off for Friday afternoon and the bleeding thing Reverses on ya!
    Anyway,$4 is holding as Support and we get to test Gap Theory next week.
    As the Up Rampers always say we now have a Red Hot Buying chance next week!! So REJOICE in d'DownTurn.

    Anyway,I've explained before my Objective in New Hope ie that I'm looking for it to be say $1 over my Buy Price when the Fully Franked Special Dividend is paid October/November.

    So when this FF 70cents+ gets paid,and the price then drops the equivalent? I get Free'n'Clear a minimum 18%+ in less than a year[70 cents on $4 is 18%ish]

    Simple,hey?
 
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