What is interesting is the small volume on this share. With a massive FF dividend likely to be paid, and the major shareholder seems only concerned about more beingh paid than is on the current agenda, then why is there only $250,000 shares being traded? (Rhetorical) Another company in a similar situation of a massive FF dividend and a company still in existence after that, is RHG, and that had $12.7m spent today. I tyhink it is hard to call manipulation (bots are everywhere), when there is so little buying in the first place.
I saw thre 61.5c, lionel. I am wondering if it will go lower, or was it just that the Ords were so bad- again- today. My intial question of why is it bad if the share price goes lower, meant that if it goes lower, the value of the dividend is so much greater. Really, if the "manipulators" push this share lower, it presents an opportunity to just buy more, surely.
EXS Price at posting:
62.5¢ Sentiment: None Disclosure: Not Held
