It's bit difficult to understand the current sp but one of the reasons can be people have doubts about 3c dividend in Dec this year. Based on the last ann. on portfolio sale it's not very clear that 3c is confirmed.Not sure if cap raising is on cards as well which they may announce after/on the 8th Dec at the briefing session.
ANy thoughts??
STRONGLY believe as it currently stands today I am very tempted to buy more at 55c.
Good luck all
MCW Price at posting:
55.5¢ Sentiment: LT Buy Disclosure: Held
