Shares will be going ex div tomorrow, final chance for those...

Shares will be going ex div tomorrow, final chance for those holders wanting a piece of the div at a 100% franked rate to buy in. Looking over the history of the company it looks like after Ex Div date, there has been a slight dip in share price and every time it has recovered much higher soon after ( which is the normal cycle of price for all companies after Ex Div dates ).

With the latest announcement releasing much better than expected news, with TV ratings and market share increasing, with Stan turning into positive cash flow expected next year (at current growth will be this year) and with cost cutting measures and exploration of other revenue generating streams, the company in my belief should see the share price slowly making its way back towards the $1.20 to $1.30 mark.

I must admit, before the latest announcement and the technical analysis for this company, with continued share price decline and lower and lower income announcements, the share price looked like it was going to fold, how ever the technical analysis and forecasts are now looking much much better and the share price should, in my opinion, start heading north and make up for some lost ground. From this year onwards, it is forecasted ( not just from nine but other analysts ) that the income of the company will steadily grow, and share price should see a steady rise from the lows it has hit last year and the levels it is now sitting on.