getting your nic right is the hardest bit here lol.
good post matey. seems that we have few rights at all as investors. apart from the right to pass over our dough with few questions ever asked, that is.
i had always wondered why besix did not pay a 'premium of sorts' for it's holding but in my own mind this looks like the slate is now totally clean. it also answers my query on besix paying just 70 cents per share. right or wrong here I don't know but i'm happier now on this one.
i saw the announcement pop up and although disappointed buy no divi prospects i did not expect such the hit that followed.
without looking at the figures I'm pretty sure that the nta is still well ahead. if that suffers then imo the cushion holding wtp up will need to be replaced by some good business and profits going forward.
none of this then besix has got just bought itself a pup.
currently tho, my opinion of our new chief remains positive.
i feel some decent bottom fishing will follow tomorrow.
the fall was too much for such news.
be good,
40.
WTP Price at posting:
55.0¢ Sentiment: LT Buy Disclosure: Held