CAB 2.67% $2.19 cabcharge australia limited

Special Dividend.

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  1. 78 Posts.
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    Ok.
    So if I buy CAB at around four bucks, in around two months I get back 25% of my purchase price plus franking credits. Sounds too good to be true.
    I know it will drop when it goes ex div. Question is! Will it drop below three dollars and stay there or is the intrinsic value way above that going forward.
 
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Currently unlisted public company.

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