$1.30 today, paid out 48c in fully franked dividends and I have had the ability to load up under 80c with a dividend that is now based on 6% of the NTA fully franked?
As for the liquidity issue you speak about, which of the Top 20 has this problem? Do you mean they have a heavy weighting to resources? Well yes I agree with that, but shareholders know the risk / reward and currently with the portfolio increasing 43% in 6 months, they would be thinking its been a successful strategy.
Pep
CTN Price at posting:
$1.30 Sentiment: None Disclosure: Held