Yes, it's my strategy also, it's a good hedge, particularly in this market. Plenty of upside, effectively 0 downside.
I'm expecting the share price to reflect the reduced cash holding once the capital return is complete, but hey if it doesn't go all the way back to 11c then that's just a bonus
Ann: Return of Capital - CHN, page-7
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 (20min delay)
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Last
$1.37 |
Change
0.025(1.87%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.31 | $2.349M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6763 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 1808 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
