the only long game in town atm Buy for higher bid and profit...

the only long game in town atm Buy for higher bid and profit results and 2007 and 2008 profit guidance next week.

I'm quietly hoping for a Wattyl style defensive special dividend for loyal shareholders. Wattyl's special divvy was 40c fully franked on a share price of about $3.40 at the time (special divvy equated to almost 12% of shareprice).

Could Coles defensive team try the same tactic-a fully franked special dividend of $1.50+?

Ajax