Einstein, We're getting close to Dec record date for 7C dist. 7c doesn't mean much in the light of the SP losses during this 6 months. CIF are cashed up for dists. I can't go anywhere with this, but cut my wrists. Can you elaborate for a dumbo whats the worst case that could happen. I hold heaps @ $1.43.
Do big players do this for 14% annualised dist or better if they only need to hold the stock for Dec/Jan. For 2mo its about 40% return isn't it ? Sell stock over Dec/Jan & make a growth of another heap ????? Japes.
CIF Price at posting:
$1.07 Sentiment: LT Buy Disclosure: Held