Yeah, agree Auto. This stock is no longer about their Mid West operations - its all about KI and the final 'risky' stages of construction (dewatering & shotcreting).
The potential of a $0.02c dividend (again, iomo, same as last year) should see the SP maintain support. A 2c divi sees a yield of 4.76% on the current SP, before franking credits, so i can't see the SP falling back to much.
Also, the EOY results (& divy??) are being announce on 15th August, so not far away.
So divi support and regular updates on the dewatering and shotcreting should support the SP in the near/mid term.
I'm still buying on any dips.....
GLTAH.
Ann: Quarterly Activities Report, page-16
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15031 | 30.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 211701 | 3 |
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