mmm...been watching this one...the interim dividend of over 20% of the share price, and you only need to hold this one until the ex-date, which is probably in a about a week? looks like a ludicruosly obvious bargain, but what of these asset sales and share equity raisings? And I'd assume that the SP will drop by the corresponding 4c when it goes ex-div? interested but the upward momemtum on the charts seem to have taken a halt as well.
What are the short term and long term merits of this stock? Appreciate any info.
All the best luck with this one Kevi, you've been making the good calls lately, but has this one changed your mind over the last 2 days? cheers.
MCW Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held